NEW DELHI, FEBRUARY 26, 2018
The Delhi High Court on Monday ordered the attachment of all unencumbered assets of the two holding companies of former promoters of India’s Ranbaxy Laboratories Limited to execute the ₹3,500 crore arbitral award won by Japanese pharma major Daiichi Sankyo.
Justice Jayant Nath issued the warrants for attaching the unencumbered assets of RHC Holdings Private Limited and Oscar Investments Private Limited, and directed the former Ranbaxy promoters and brothers — Malvinder Singh and Shivinder Singh — and 10 others, to file within 10 days a list of their unencumbered assets.
http:// www.thehindu.com/business/Industry/ranbaxy-row-hc-orders-attachment/article22859700.ece