Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 How to Change Current Period in Tally Prime Step-by-Step Guide for Users
 Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India
 How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses
 How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide
 MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th
 Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime
 GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation
 How Tally Prime Supports the Real Estate & Construction Industry in India
 Comparison Between Tally Prime 6.1 and Tally Prime 6.2
 How Tally Prime Renewal Helps Save My Data
 Where to Buy Tally Prime 7.0 at the Best Rates Possible

Orders on pleas of SEBI, Income tax dept today
February, 19th 2009

The Sixth Additional Chief Metropolitan Magistrate today posted orders for tomorrow on the Securities Exchange Board of India (SEBI)s application seeking permission to record the statements of Satyam scam accused B Ramaraju, S Gopalakrishnan and Ttalluri Srinivas (auditors). Orders on the Income Ttax (IT) department seeking permission to question B Ramalinga Raju and on the bail applications filed by Ramalinga Raju, Ramaraju and Vadlamani Srinivas would also be pronounced tomorrow.

Earlier, conceding to the SEBIs plea, the accused auditors counsel Masthan Naidu said his clients had no objections to the SEBI recording their statements.

He told the court that prior to their arrest, the auditors duo was questioned by the SEBI and they had been in touch with each other regularly. We dont know what more they want to record. All the records were seized by the investigating agencies. Iin any case, Gopalakrishnan and Tt Srinivas are ready to cooperate with the SEBI as they did for other agencies, Naidu said.

The counsel said continuing the accused in judicial remand would not serve any purpose when they were expressing their willingness to cooperate with the law and the investigating authorities. As long as they were in jail, their liberty would be curtailed, the counsel maintained. The counsel for the SEBI said under Sections 11, 11 (A), 11 (C) and 19 of the SEBI Act, the board was empowered to question the accused and record statements. Submitting a copy of the Supreme Court judgment, the SEBIi counsel said they had the right to confront the accused with the material evidence they had with them.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting