Practice Areas

Follow us

Religare Finvest: Delhi HC Grants Bail To Shivinder Mohan Singh

The Delhi High Court granted bail to Fortis Healthcare promoter Shivinder Mohan Singh in a money laundering case against him. The Single Bench of Justice Anup Jairam Bhambhani has directed Shivinder Mohan Singh to furnish a personal bond of ₹1 crore and two sureties of ₹25 lacs each. In addition to this, Singh has also been directed to surrender his passport.
Shivinder Mohan Singh is accused of money laundering as per the offences laid down in sections 3 and 4 of the Prevention of Money Laundering Act. He, along with his brother Malvinder Singh, and Sunil Godhwani, are accused of committing financial fraud running into 3000 crores, which is dated to the period of their ownership of Religare Finvest.

Warning: Trying to access array offset on value of type bool in /home/bighelpers/public_html/asialawoffices/wp-content/themes/justicia/framework/modules/blog/templates/parts/single/single-navigation.php on line 18