Senior officials said the body of the 22-week premature baby "was handed over without written instruction". The committee will submit its final report to Delhi Health Minister Satyendra Jain later this week.
"We just learnt of the sad demise of the 23-week preterm baby, who was on ventilator support", Max Hospital said according to PTI.
"At the hospital we were told that one twin was stillborn while the other died later as his condition was critical".
After the death of the child, the police investigation into the alleged medical negligence was transferred from North West district police to Crime Branch. Both were eventually declared dead but the family later found the boy to be alive.
"Had the baby not been exposed for so many hours after his birth, maybe we could have probably prolonged his life longer", said Gupta. The baby died during his treatment at another medical facility in Pitampura on Wednesday.
"The preliminary report has found them guilty in certain aspects and the final report is expected in next two days".
Max Healthcare terminated two doctors for their involvement in the situation, but said that their terminations were not an admission of guilt.
The hospital, facing anger and protests, had earlier sacked the two doctors in charge of the twins' case - AP Mehta and Vishal Gupta.
However, one of the twins turned out to be alive, and the matter came to light only when the last rites of the apparently dead infants were being performed!
Survival in extreme pre-term births is rare, Max Healthcare said in a statement today, expressing grief over the baby's death.
Meanwhile, the Indian Medical Association has slammed the AAP government for revoking Max Hospital's license.