Bloomberg reports that founders Malvinder Singh and Shivinder Singh allegedly took out about ₹500 crore from the hospital chain last year without the board’s consent. But the company has denied any wrongdoing, qualifying the transactions as loans (to related parties) for which repayment has already commenced. Yesterday, the Singh brothers resigned from the Fortis board following a Delhi High Court ruling in another matter. Investors seem to be backing the exits — the company shares hit their 52-week high on the BSE today.