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"Yes Bank Moves Supreme Court Against Delhi High Court-Ordered Forensic Audit in Fortis Share Sale Case"

Yes Bank has approached the Supreme Court challenging a Delhi High Court directive that ordered a forensic audit into the sale of Fortis Healthcare shares, escalating a long-running dispute tied to the hospital chain’s ownership and financing history. The bank says it was not a party to the original arbitration proceedings, but it is not opposing scrutiny of Fortis and its former promoters and will share relevant transaction details within legal limits.

Yes Bank Moves Supreme Court Against Delhi High Court-Ordered Forensic Audit in Fortis Share Sale Case

R

RDU Global Wire

Banking, Fintech & Insurance Desk

New Delhi, India Just now (12:27 AM IST)•5 min read

Yes Bank has approached the Supreme Court challenging a Delhi High Court directive that ordered a forensic audit into the sale of Fortis Healthcare shares, escalating a long-running dispute tied to the hospital chain’s ownership and financing history. The bank says it was not a party to the original arbitration proceedings, but it is not opposing scrutiny of Fortis and its former promoters and will share relevant transaction details within legal limits.

Yes Bank has approached the Supreme Court challenging a Delhi High Court directive that ordered a forensic audit into the sale of Fortis Healthcare shares, escalating a long-running dispute tied to the hospital chain’s ownership and financing history. The bank says it was not a party to the original arbitration proceedings, but it is not opposing scrutiny of Fortis and its former promoters and will share relevant transaction details within legal limits.

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