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Supreme Court dismisses appeals by DCB Bank and UBS against Fortis audit - The Economic Times
The Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to transactions linked to Fortis Healthcare and its former promoters. The audit was initially ordered by the Delhi High Court on August 31. The court emphasized that the audit was not a broad investigation into bank affairs. The ruling is significant in the ongoing arbitration case with Daiichi Sankyo.
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