Supreme Court backs Delhi HC orders in Daiichi‑Fortis dispute, clears way for forensic audit

India’s Supreme Court has declined to intervene in orders issued by the Delhi High Court concerning the long‑running dispute between pharmaceutical giant Daiichi Sankyo and the Fortis Group. By refusing to examine the merits of the case, the apex court effectively allows a forensic audit to proceed. The audit is part of an effort to trace assets linked to the enforcement of a 2016 arbitral award against former Fortis promoters. No further commentary on the underlying financial claims was provided by the Supreme Court. The decision underscores the judiciary’s willingness to let lower‑court rulings stand while complex cross‑border commercial disputes continue to unfold. What to watch: The forensic audit could reveal the extent of assets available for enforcement of the 2016 award.

Editor's note: The article accurately reports the court decision and the purpose of the forensic audit mentioned in the source.

This article is AI-generated and fact-gated. Original reporting: ET Healthworld