Hyderabad, January 19: The Bombay High Court will pass an order tomorrow on whether to exempt B Ramlinga Raju, founder chairman of Satyam Computer, facing allegations of the biggest corporate fraud in the country, from appearance in a local court in a cheating case.
Upon a complaint filed by one C Anthony Lewis, a Satyam shareholder, a local magistrate had in November last year issued a production warrant against Raju, his brother Ramaraju B, and a few other erstwhile Satyam officials.
The complaint was filed after the Satyam scam came to light. Lewis claimed that shareholders had been cheated by Raju and others.
After the Mumbai magistrate issued warrant against Raju on November 30, his lawyers filed a petition in the Bombay High Court, and secured a stay on the execution of the warrant last month.
—Agencies