Delhi Police files fresh FIR against Malvinder and Shivinder for Rs 400 crore 'fraud'
According to the FIR, Malvinder and Shivinder Singh, the former promoters of Fortis, have allegedly duped the company of over ₹crore, siphoning off the money for personal gain and to pay off their loans. “Enquiry has substantiated allegations of the complainant wherein promoters in conspiracy with their associates indulged in criminal breach of trust and criminal misappropriation by diverting the funds of the company,” the FIR says.