The settlement talks between former Fortis Healthcare promoters Malvinder Singh and his brother Shivinder and scam-hit Religare Finvest Ltd remained inconclusive as no proposal was given, a Delhi court was informed Wednesday.
Chief Metropolitan Magistrate Deepak Sherawat was told by RFL's counsel that no proposal was given by Singh brothers and therefore settlement talks remained inconclusive.
-
-
Best Of NDTV World Summit 2026 | Defining Conversations, Big Ideas -
PM Modi Says 'Parasite' Congress Hurts 'Honest' Dissent Movements -
"Some Dreaming Of Disorder": PM Modi's Dig At Rahul Gandhi -
PM Modi Highlights India's Firsts: Fast Breeder Reactor, Hydrogen Train, Asian Games Medals -
"UN's Limits Clearly Visible": PM Modi Presses For 'New Solutions' At NDTV Summit -
"World That Relied On India's Brainpower Now Trusts Its Mindpower": PM Modi -
Non-Oil Trade With India Went Up 50% In 3 Years: UAE Minister At NDTV Summit -
"Some Dreaming Of Disorder": PM's "Failed Product Of Congress" Jibe At Rahul Gandhi -
'Viksit Bharat Not Just For Us': PM Modi's Top Quotes At NDTV World Summit -
Has Indian Cuisine Arrived At The Global Stage? What Vir Sanghvi Believes
The counsel for jailed Singh brothers, arrested for allegedly misappropriating funds of RFL, told the court that it was not possible to come up with a proposal as the accused need to sit together and discuss the issue.
The court then posted for October 25 hearing arguments on bail plea by Singh brothers.
The Singh brothers on Friday sought interim bail from the court saying they wanted to settle the case with the complainant.
The court had on Thursday sent Singh brothers and other accused -- Sunil Godhwani, Kavi Arora and Anil Saxena -- to judicial custody till October 31.
Track Latest News Live on NDTV.com and get news updates from India and around the world
