The Supreme Court (SC) today issued notice to B Ramalinga Raju on a plea by the Central Bureau of Investigation (CBI), against the bail granted to him by the Andhra Pradesh High Court (HC) in the Rs 14,000-crore Satyam accounting fraud.
A bench comprising Dalveer Bhandari and Deepak Verma issued a notice to Raju, directing him to file his reply by October 19, the next date of hearing. The bench further said it would hear the CBI plea on Raju and the appeals challenging the bail granted to his brother, Rama Raju and other employees, in connection with the fraud. Solicitor General Gopal Subramanium, appearing for CBI, informed the bench that Raju was not well and undergoing treatment.
Earlier, on September 13, CBI had approached the apex court against HC’s decision to grant bail to Raju, contending that he may influence the witnesses majority of whom were his former employees.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
