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Government Put 3 more Board Members to Satyam

MP Rana


The Government today appointed three more members Tarun Das (Chief Mentor of Confederation of Indian Industry), TN Manoharan (former president ICAI) and Balakrishnan of LIC to the board of Satyam Computer Services.


These members would join the HDFC Chairman Deepak Parekh, Nasscom’s former president Kiran Malik and C Achuthan (former SAT presiding officer) in Satyam Board.


After the Satyam scam and the disclosure made by Satyam’ Chairman Raju, the government abolished the existing board of the company and put its own selected nominees into it. As per the decision taken by the Company Law Board on Satyam, the IT major is allowed to have a maximum of 10 board members.

 
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