sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
General »
 Government likely to withdraw tax notice on free banking services
 Senior Citizens Savings Scheme Rules, 2004
 How salaried individuals can avail full potential of I-T benefits
 The Central Board of Direct Taxes unveiled new Income Tax Return forms for assessment year 2018-19 on 5 April. Although the manner of filing returns remains the same as compared to last year, certain changes have been incorporated in the new ITR forms.
 Income Tax efiling: Must-do steps to file your IT return for FY 2017-18 on time till you get Form 16
 What are the tax filing deadlines for financial year 2017-18?
 How income tax department can penalise you for under-reporting, misreporting income
 Start your tax planning right now
 Government confident of meeting fiscal deficit, tax revenue targets
 Clarification with respect to the E-way Bill System
 Here is how you can save on taxes

Ramalinga Raju, others may file bail petition: Satyam scam
August, 01st 2011

BRamalinga Raju and six other accused in the multi-crore-rupeeSatyam Computer accounting scam may on Monday file a petition seeking bail in a local court, sources said.

While cancelling the bail granted to Raju, the prime accused in the case, the Supreme Court on October 26 directed the accused that they may file bail application only after July 31 if the trial in the local court is not completed by then.

"We may move the XXIACMM court tomorrow (Monday) with a bail petition as the trial has not been completed by July 31. Currently cross examination of witnesses is going on," a source said.

When contacted, Bharat Kumar, legal advisor to Raju refused to comment on the subject.

It is, however, not clear whether all the eight accused who are currently lodged in Chanchalguda prison will file the bail petition tomorrow.

"For strategic reasons all the accused may not file bail petitions tomorrow," a legal expert said.

While T Srinivas, former auditor of Pricewaterhouse was granted bail by the Supreme Court, B Suryanarayana Raju, brother of Raju was granted bail by the local court in the initial days of the case.

P Rabhakar Gupta's bail petition is still pending in theAndhra Pradesh High Court and may come up for hearing tomorrow. Raju, former chairman of Satyam Computers on November 10 surrendered before the local court which has been trying the nation's biggest corporate fraud allegedly to the tune of Rs 14,000 crore.

The high court on August 18 had granted bail to Raju, his brother Rama Raju, former Satyam CFO V Srinivas and three other former IT company employees G Ramakrishna, Venkatapathi Raju and Srisailam.

However, theCBI approached the apex court with a request to cancel the bail.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions