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Legal | Pauper status to Raju in US litigation

Legal | Pauper status to Raju in US litigation
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First Published: Thu, Jan 28 2010. 09 54 PM IST
Updated: Thu, Jan 28 2010. 09 54 PM IST
New York:Ramalinga Raju, the jailed founder of Satyam Computer Services Ltd, was on Thursday granted pauper status in a US litigation brought by investors.
US district judge Barbara Jones in New York approved the status for Raju, his brother Rama Raju, and Srinivas Vadlamani, the company’s former finance chief. Proceeding in forma pauperis means the three men won’t have to pay filing fees and other court costs tied to the litigation because of their financial condition.
“The court finds that defendants have adequately demonstrated that they are unable to pay,” Jones wrote in an order.
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First Published: Thu, Jan 28 2010. 09 54 PM IST