Bombay HC stays complaint against Satyam’s Raju

Mumbai, February 24: The Bombay High Court today stayed the private complaint against former Chairman of Satyam Computer B Ramlingam Raju, his brother and two officials of the auditing firm PricewaterhouseCoopers (PWC).

“Justice B R Gavai stayed the complaint which had been filed in the magistrate’s court here,” said Samsher Garud, Raju’s lawyer.

The High Court issued notice to Anthony Lewis, the complainant, and adjourned hearing for six weeks, he added.

Lewis, a Satyam shareholder, had alleged that Raju, his brother Ramraju B along with others, including officials of PWC, fudged the account books of the IT firm, and misled the shareholders of the Hyderabad-based company.

Being a Mumbai resident, he filed the complaint of cheating and forgery in the Magistrate’s court here.

–Agencies