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Don't Owe Money To Singh Brothers Malvinder And Shivinder, Radha Soami Chief To Delhi High Court

Darpan News Desk IANS, 11 Oct, 2019 09:18 PM

    Radha Soami Satsang Beas (RSSB) head Gurinder Singh Dhillon and his family members on Friday approached the Delhi High Court saying they do not owe any money to RHC Holdings Private Limited, promoted by brothers Malvinder Singh and Shivinder Singh.


    The Dhillons filed the application following the court's direction to deposit the amount due to RHC Holdings in connection with the execution of Rs. 3,500-crore arbitral award won by Japanese pharma major Daiichi Sankyo against former promoters of Ranbaxy Laboratories Malvinder Singh and Shivinder Singh.


    The Dhillons told the court that RHC Holding has made false claims that they owe money to the company.


    Justice JR Midha sought a response from RHC Holding, the Singh brothers and Daiichi on the plea of the Dhillons.


    The court, in its September order, said the amount that 55 garnishees, including Dhillon family, owe to RHC Holdings should be deposited with the Registrar General of the Delhi High Court within 30 days. A garnishee order is an order against a third party for the recovery of debt or dues.

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