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Home / Companies / Tech Mahindra moves Supreme Court over ED trial in Satyam case

New Delhi: Tech Mahindra Ltd, formerly Satyam Computer Services Ltd, on Friday moved the Supreme Court in connection with the Enforcement Directorate’s proceedings in the Satyam scam.

The company has appealed against a two-judge bench order of the Andhra Pradesh high court, which had allowed a special court hearing criminal cases arising out of the Satyam scam to frame charges against Tech Mahindra.

A bench headed by T.S. Thakur will hear the case on 5 May.

Earlier, a single judge of the Andhra high court had held that the ED could not initiate proceedings against Tech Mahindra. The ED probes money laundering and foreign exchange violations. The two-judge bench had reversed this position.

Tech Mahindra’s contention is that it was not in existence when the money laundering allegations came to light.

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