The Delhi high court has directed the Singh brothers, Malvinder (right) and Shivinder, and 10 others to maintain status quo on all the assets where they have any interest. Photo: HTNew Delhi: The Delhi high court on Monday ordered the attachment of assets held by two investment companies of brothers Malvinder Singh and Shivinder Singh, former owners of Ranbaxy Laboratories Ltd. Singh brothers and others, to submit an “up-to-date” affidavit declaring all the unencumbered assets held by them. Meanwhile, the 19th February order by the court directing Singh brothers and others to maintain status quo with respect to the remaining “unattached” assets held by them, directly or indirectly, would continue. Kapur, submitted that as per the civil procedure code, the assets held by the two companies should be attached and an attachment officer should take custody of any such assets.

Source: Mint February 26, 2018 15:42 UTC