22 Feb 2009
The government on Tuesday moved the Company Law Board (CLB), seeking supersession of the boards of Maytas Infra and Maytas Properties, two firms
promoted by sons of Satyam Computer Services founder B Ramalinga Raju.
It sought CLB’s nod to nominate government directors on the boards of the two firms. The move is expected to ensure orderly running of the firms till a change in management is effected. The government's petition will be heard before the CLB on February 24.
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