A Hyderabad court has issued summons to top officials of Japanese multinational company Daiichi Sankyo and Indian pharma major Ranbaxy on a criminal complaint filed by a co-founder of Zenotech Laboratories, now a Ranbaxy entity.
Jairam Chigurupati approached the court alleging that senior officials and directors of Daiichi and share registrars Karvy and ICICI Securities acted with mala-fide intention and transferred his sensitive confidential information and documents to Ranbaxy with the intent of defeating his participation in the Open Offer announced by Daiichi.
(Published 19 January 2014, 19:21 IST)
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