Page 12 - Satyam Scam

From NSEL to Unitech: Govt uses Companies Act to defend 'public interest'

In both cases, the powers vested with it by the new Companies Act has proved to be useful in defending the 'public interest'

Brief case: SC judges divided on Satyam arbitration

A weekly selection of key court orders

Record Book for MCA taking over companies

On Jan 7, 2009, Chairman of Satyam B R Raju resigns confessing $1.47-billion manipulation in accounts

When govt enters the boardroom

Taking control of a company citing public interest could have wider legal and regulatory implications for businesses and the government, say experts

9 years after Satyam scam, Price Waterhouse banned from audit for 2 years

Nine years after Satyam scam, Sebi orders Rs 130.9-million disgorgement; audit firm says it is confident of getting order stayed