Naresh Trehan is back as head of the Escorts Heart
Institute and Research Centre (EHIRC).
Escorts management, which unceremoniously removed the
noted cardiologist as executive director of the premier
institute last week, announced an out-of-court settlement
with Naresh Trehan, reinstating him to his earlier position.
In a joint statement both the parties said that events
of last few days were because of misunderstanding and
they regretted it.
allegations stand unconditionally withdrawn,'''' the joint
to sources, Trehan will vacate office within two weeks.
He will also give up 10 per cent stake at Escorts as
part of the compromise formula.
has recognised the valuable contribution made by Trehan
and the management would like to ensure a healthy and
smooth work environment. Both parties would withdraw
their cases from the court on Saturday.
whole idea is to do the healing process so that the
patients can recover. Shivinder Mohan Singh and I have
talked and a positive thing has happened between the
management and myself, and as of now my crtical team,
including Dr Yatin Mehta, is back,'''' said Dr Trehan.
entire controversy had erupted when Dr Trehan was asked
to quit as head of Escorts hospital by the Fortis management
Fortis had sacked Dr Trehan alleging that he was running
a parallel hospital project called Medicity in Gurgaon
and it had led to a conflict of interest.
The matter had also been dragged to court when Escorts
doctors supporting Trehan had filed a case against the
crisis also saw a free exchange of charges and counter-charges
between Shivender Mohan Singh, managing director of
Fortis Healthcare which has majority stake in Escorts,
and Trehan, head of Escorts Heart Institute and Research