The special court on Thursday awarded seven years of rigorous imprisonment to Ramalinga Raju, his brother and former managing director B Rama Raju, and eight others in the SCSL case, which had been touted as the biggest corporate fraud in the country.
Sources familiar with the development said that the appeals were currently awaiting the scrutiny of the sessions court's registry for numbering.
Reacting to the verdict on Thursday Ramalinga Raju's counsel, K Ravinder Reddy, told Business Standard that there were many grounds to agitate before the appellate court and they would approach the sessions court against the verdict.
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