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Mahindra Satyam to sue Ramalinga Raju
Monday, 13th June 2011
Even as the Mahindras are planning to drag disgraced Satyam founder B Ramalinga Raju to court to claim damages, they are also learnt to be seriously considering suing the scam-hit company's erstwhile independent directors to recover the remuneration paid to them.
With the former independent directors of Satyam failing to heed the company's communications seeking a refund of the fee paid to them, a legal action is now becoming inevitable, company sources told TOI.
Publication : Business Standard
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