# SC clears forensic audit of Fortis-IHH deal

> Supreme Court approves forensic audit of Fortis Healthcare transactions involving Singh brothers.
- Title: SC clears forensic audit of Fortis-IHH deal | Shortify
- Summary: Supreme Court approves forensic audit of Fortis Healthcare transactions involving Singh brothers. Supreme Court cleared forensic audit of Fortis Healthcare…
- Keywords: supreme court, fortis healthcare, ihh healthcare, singh brothers, religare, daiichi sankyo, forensic audit, arbitration award, clears, forensic, audit, Fortis-IHH
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/sc-clears-forensic-audit-of-fortis-ihh-deal-involving-erstwhile-religare-promoters-singh-brothers/articleshow/134495372.cms
- Author: Indu Bhan
- Published: 2026-09-26T01:04:00+00:00
- Read time: 1 min
- Topics: supreme court, fortis healthcare, ihh healthcare, singh brothers, religare, daiichi sankyo, forensic audit, arbitration award
## Supreme Court clears forensic audit
The Supreme Court rejected Fortis Healthcare's plea, clearing the way for a forensic audit into transactions involving IHH Healthcare and former Religare promoters Malvinder and Shivinder Singh.
## Audit covers shareholding erosion
The audit traces assets linked to the Singh brothers following the Delhi High Court's order to probe erosion of their shareholding in Fortis Healthcare.
## Arbitration award context
Daiichi Sankyo sought execution of a ₹3,500 crore Singapore arbitration award won against the Singh brothers in 2016.
## Singh brothers' role in Religare
The Singh brothers were erstwhile promoters of Fortis Healthcare and Religare, with their shareholding in Fortis eroded through transactions with IHH Healthcare.
## Forensic audit scope
The audit covers pledged FHL shares sold by 17 lenders in 2018 during IHH Healthcare's bid for a stake in Fortis Healthcare.
## Next steps for banks
The Supreme Court will hear appeals by Yes Bank and Axis Bank against the high court ruling on Tuesday.
## Key takeaway

Supreme Court cleared forensic audit of Fortis Healthcare transactions with IHH Healthcare linked to Singh brothers' shareholding erosion.