Two class action suits filed against Satyam in U.S. Two class action suits filed against Satyam in U.S. Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« News Headlines »

Suggestions of ICAI considered in the amendments to Finance Bill, 2012 as passed in Lok Sabha.

National Conference on Cloud Computing - Opportunities for CA\'s on 15th June 2012 at Hotel Le- Meridian, Bangalore
Announcement - Scholarships From The S. Vaidyanath Aiyar Memorial Fund - 2012.
300 fail Chartered Accountant final exam, but pass after retotalling
Suggestions of ICAI relating to Direct Taxes considered in the amendments to Finance Bill, 2012 as passed in Lok Sabha.
'Received info on money held in overseas bank accounts'
Educational institutions set to follow ICAI norms
Extension of Due Date for the Comments on the Exposure Draft of the Taxonomy for C&I Companies.
INTEGRATED PROFESSIONAL COMPETENCE EXAMINATION / ACCOUNTING TECHNICIAN EXAMINATION , MAY, 2012
Lateral entry for graduates: ICAI
IT-enabled services a thrust area: ICAI


« 120 employees have recently resigned from Satyam...	Satyam CAs, auditors may face severe punishment,... »
Two class action suits filed against Satyam in U.S.

January, 08th 2009
Investors in Satyam Computer Services Ltd's American Depositary Receipts (ADRs) have filed two class action suits against the Indian software services firm, the law firms representing the investors said on Thursday. Vianale & Vianale LLP and Izard Noble LLP have filed suits alleging Satyam and its top executives violated federal securities laws by issuing false and misleading financial statements, the law firms said in separate releases. On Wednesday, Satyam's founder and chairman Ramalinga Raju resigned and said profits had been falsely inflated for years, sending the company's shares down 80 percent in Mumbai. Trading in Satyam's ADRs was suspended before the opening of U.S. trade on Wednesday Izard has filed a lawsuit in the United States District Court for the Southern District of New York, while Vianale's suit is pending in the Manhattan federal court.