BUSINESS

Court asks Ranbaxy kin to compromise

By BS Correspondent in New Delhi
July 22, 2006 16:14 IST
Keeping in view the business interests of two major pharma companies -Max India and Ranbaxy, a Delhi court has advised Max India chairman Analjit Singh and his sister-in-law Nimmi Singh to arrive at a compromise.

The additional Chief Metropolitan Magistrate Kamini Lau said: "Having regard to the fact that both the complainant and the accused are business tycoons in the field of medicines and such a public spat between them would not only adversely affect their personal image and business interest but would also affect the public at large, more particularly those employed with them."

According to the judge, she had explained the mediation process and Analjit and his counsels KK Sud and GS Sharma had reposed full faith and confidence in the judicial system.

They have submitted that they had no objection if Malvinder and Shivender were also called and asked for their consent on the possibility of settlement and conciliation, it stated.

However, the final decision on the settlement will be taken after the judge hears the Nimmi family on Saturday.

Lau also observed that if the parties didn't agree for mediation then the criminal complaints would be dealt on merits.

Meanwhile, Nimmi had filed another criminal complaint before Lau against Analjit alleging criminal intimidation and assault on her on July 4. 

Nimmi's complaint followed the defamation complaint filed by Analjit Singh under Section 500 of the IPC against Nimmi and his nephews on Wednesday.  Nimmi had alleged that Analjit's men had assaulted her when she tried to stop them from trespassing on her residential premises.

On the other hand, Analjit had denied that he had created any situation to assault Nimmi. According to Anlajit, the events were orchestrated at the behest of Nimmi to prevent certain ongoing work at 15, Aurangzeb Road (family house).

BS Correspondent in New Delhi
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