Court, Judiciary & Legal System HC quashes all laundering cases against Tech M’ndra December 23, 2014 by Legal India Admin | Leave a Comment In a major relief totoday, the High Court at Hyderabad quashed all money laundering cases filed by Enforcement Directorate (ED) against the infotech major. ED had filed cases against the erstwhile Satyam Computers Services Limited (SCSL) and its promoters. ED’s contention was that since Tech Mahindra had acquired Satyam, it automatically became an accused. However, […] Read more » cases against Tech M'ndra laundering cases against Tech M'ndra Tech M'ndra Tech Mahindra Tech Mahindra acquired Satyam
Top Law News IT department freezes accounts of Mahindra Satyam March 23, 2011 by Legal India Admin | Leave a Comment The Income Tax department Tuesday froze the bank accounts of Mahindra Satyam after the software firm failed to pay a tax demand of Rs.616 crore ($136 million). Mahindra Satyam, the new brand identity of the fraud-hit Satyam Computer Services Limited, has moved the Andhra Pradesh High Court challenging the demand notice and seeking a stay […] Read more » Central Board of Direct Taxes Central Bureau of Investigation Mahindra Satyam Chairman Ramalinga Raju Tech Mahindra Vineet Nayyar