UNDER THE SCANNER

2019

DEC: Muddy Waters Capital claims that Lse-listed NMC Healthcare has understated debt

2020

MAR: Probe by an external auditor appointed by administrator reveals $2.7 bn of unreported debt

APR: NMC Healthcare put into administration by UK court

NOV: NMC’S founder BR Shetty (pictured) not allowed to travel from India to UAE

2021

MAY: Karnataka HC upholds travel ban sought by BOB

Dubai-based auditor gives clean chit to Shetty