A court’s search for assets and the cost to corporate certainty
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Summary
On August 31, 2026, in the long-running enforcement proceedings between Daiichi Sankyo and the Singh brothers, the Delhi High Court allowed three applications. In doing so, it drastically rewrote how strangers to an arbitral award may be treated under Indian law.By way of its order, the Court has appointed a forensic auditor to reconstruct the entire chain of dealings in the shares of Fortis Healthcare Limited (FHL) from May 24, 2016 onwards. Interestingly, FHL was not a party to the arbitration