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Midas to move SC over Satyam compensation

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Press Trust Of India New Delhi

Midas Touch Investors Associations (MTIA) will move the Supreme Court against the decision of the National Consumer Disputes Redressal Commission (NCDRC), which rejected its plea for compensation of Rs 4,987.5 crore for 300,000 retail shareholders of the fraud-hit Satyam.

“We are planning to move the Supreme Court.

It might take around a month’s time,” MTIA director Virendra Jain said.

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First Published: May 21 2009 | 12:11 AM IST

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