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Corporate Law News


Court Rejects SEBI, SFIO Pleas To Quiz Rajus

   23 January 2009 at 18:40

Court Rejects SEBI, SFIO Pleas To Quiz Rajus23 Jan 2009, 1719 hrs IST, PTI Text: HYDERABAD:A city court has rejected market regulator SEBI's plea to interrogate Satyam founder Ramalinga Raju and his brother Rama Raju, while refusing to entertain anot ..

Posted in Corporate Law |   222 Views


Benami Deals Under Govt Lens

   22 January 2009 at 14:52

Benami Deals Under Govt Lens22 Jan 2009, 0119 hrs IST, Pankaj Doval, TNN NEW DELHI:Government has trained its guns on the benami transactions of Satyam's disgraced former chairman B Ramalinga Raju and other tainted directors and officials. It receive ..

Posted in Corporate Law |   294 Views


HC TO HEAR SEZ PLEAS ON MARCH 17

   21 January 2009 at 15:24

HC TO HEAR SEZ PLEAS ON MARCH 1721 Jan 2009, 0023 hrs IST, TNN PANAJI: The high court of Bombay at Goa will be hearing all petitions relating to special economic zones (SEZs) in the state on March 17. When SEZ-related matters came up for hearing on ..

Posted in Corporate Law |   247 Views


Handling corporate fraud not complicated, judiciary geared: CJI

   20 January 2009 at 23:42

Amid a rise in white collar crimes and corporate frauds such as Satyam and Nagarjuna Finance, the Chief Justice of India K G Balakrishnan has said that judiciary is fully equipped to tackle such cases.Dealing with cases of corporate fraud is not comp ..

Posted in Corporate Law |   240 Views


Honda Slaps Legal Notice On Maruti Over SX4 Advertisement

   20 January 2009 at 00:48

Honda Slaps Legal Notice On Maruti Over SX4 Advertisement 19 Jan 2009, 1733 hrs IST, PTI NEW DELHI: As auto makers slug it out in a difficult environment for market share, Honda Siel Cars India has sent a legal notice to Maruti Suzuki India over an a ..

Posted in Corporate Law |   279 Views


Raju May Have Siphoned Cash: NYT Report

   19 January 2009 at 13:29

Raju May Have Siphoned Cash: NYT Report19 Jan 2009, 1223 hrs IST, REUTERS NEW YORK: B Ramalinga Raju, the founder and former head of Satyam Computer Services may have skimmed huge amounts of cash from the company, rather than padded its books as he c ..

Posted in Corporate Law |   216 Views


Statement Of Finance Ministry on Inflation

   17 January 2009 at 18:48

Statement Of Finance Ministry on Inflation1/16/2009The following is the statement of Department of Economic Affairs, Ministry of Finance on inflation issued here today:“Annual rate of inflation, year-on-year, declined to 5.2 per cent for the week end ..

Posted in Corporate Law |   221 Views


3 New Directors nominated on the Satyam Board

   15 January 2009 at 22:43

Following is the text of the statement made by Shri Prem Chand Gupta, Minister of Corporate Affairs, at the Press Conference held here this evening: “You are aware that the new Board of Satyam consisting of the three eminent persons nominated by the ..

Posted in Corporate Law |   205 Views


Raju's hasty arrest stalled probe: Sebi

   15 January 2009 at 22:35

Raju's hasty arrest stalled probe: SebiHYDERABAD: Pradyumana Kumar Reddy, lawyer of the Securities and Exchange Board of India (Sebi), on Wednesday stirred a hornet's nest by saying that the judicial custody of disgraced Satyam Computer promoter B Ra ..

Posted in Corporate Law |   201 Views


Delhi Hc Asks Dot To File Affidavit On 3g Auction By Jan 24

   15 January 2009 at 12:24

Delhi HC Asks DoT To File Affidavit On 3G Auction By Jan 241/15/2009The Delhi High Court asked the Centre to inform it about the latest developments relating to auctioning of 3G spectrum (radio frequency) for next generation mobile services.A bench h ..

Posted in Corporate Law |   221 Views