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VERIFIEDET Finance·neutral

SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banks

AI Summary
  • ·The Supreme Court clarified the forensic audit's scope is limited to Fortis Healthcare Holdings Private Limited and the Singh Brothers.
  • ·The audit will not extend to a general investigation into the dealings of other banks.
  • ·The court emphasized the audit pertains specifically to transactions involving FHHPL, FHL, and associated banks.
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