Company law tribunal after SC nod, says Centre

Company law tribunal after SC nod, says Centre

Speaking at an interactive meeting with business people here,  on Tuesday, Khurshid said the matter related to NCLT is sub-judice and the government can not push the court to speed its process.

He also mentioned that the investigation into the multi-crore Satyam Computers fraud has been completed and the prosecution will start soon with the filing of the charge-sheet by the Central Bureau of Investigation (CBI) in the Andhra Pradesh High Court, he said.

“There are cases in the United States where the government took over fraud-marred companies, but in India, such a case is handled in a more pragmatic way. Satyam is back on the track because of the right approach of the government”, Khurshid claimed.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT