India, Sept. 1 -- The Delhi High Court on Monday appointed a forensic auditor to examine the transactions of former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh in connivance with Fortis Healthcare Ltd, leading to dissipation of shares in connection with a '3,500 crore arbitral award passed in favour of Japanese pharma major Daiichi Sankyo.

Justice Subramonium Prasad said the purpose of the forensic audit is to identify and reconstruct the entire chain of events to enable the court to identify the persons and the companies involved in the dissipation of shares. The high court appointed S Ramanand Aiyar and Co as the forensic auditor to conduct the audit and complete the exercise within six months.

In its 213-page jud...