💨 Abstract

The Delhi court has framed criminal conspiracy and cheating charges against former Religare Enterprises Ltd promoters Malvinder Mohan Singh and his brother Shivinder Mohan Singh. The charges are in relation to allegedly siphoning off Rs 1,260 crore from Religare Finvest Limited (RFL) from 2016 to 2018 by misusing their influence, causing wrongful loss to RFL.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖