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Wednesday, January 14, 2009

HC adjourns hearing on Satyam PIL

The Bombay High Court on Wednesday has adjourned the hearing on PIL till January 22, the PIL was filed by the Investors' Grievances Forum over the Satyam scam. The PIL filed seeking measures fro protecting small investors, those are affected due the scam in the IT major, according to media reports

The petitioners have been allowed to serve the notices on the respondents, which include the Institute of Chartered Accounts of India, PricewaterhouseCoopers, the two stock exchanges, Sebi, besides Satyam promoters and former directors.

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