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  1. Hearing in Satyam case posted to Jan 20

Hearing in Satyam case posted to Jan 20

A special court in Hyderabad heard the two criminal complaints filed...

By: | Hyderabad | Updated: April 10, 2015 11:11 AM

A special court in Hyderabad heard the two criminal complaints filed by market regulator Securities and Exchange Board of India (SEBI) against Satyam Computer Services (SCSL) founder and former chairman B Ramalinga Raju and others, and posted the matter to January 20, 2015. Raju and others appeared before the court of Special Judge for Economic Offences with regard to two criminal complaints filed by Sebi in connection with the accounting fraud and fudging of accounts to the tune of over Rs 7,000 crore in SCSL.

Raju, who had on November 13 appeared before the court after a summon was issued against him,   was directed to furnish a personal bond of Rs 20,000.

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