The Registrar of Companies (RoC) here filed a caveat in the Andhra Pradesh High Court with regard to the Company Law Board orders restraining former whole-time directors, chairman, the chief financial officer and company secretary of Satyam Computer Services from selling or mortgaging their assets.
Caveat is a legal warning to a judicial officer to suspend a proceeding until the opposition has a hearing. RoC sources said that the caveat has been filed as a precautionary measure.
The directors under CLB order are former chairman and founder of Satyam B Ramalinga Raju, erstwhile whole-time directors B Rama Raju and Rammohan Rao, Ram Mynampati (who briefly functioned as interim CEO after the January 7 crisis), former chief financial officer Srinivas Vadlamani and company secretary G J Jayaraman.
These five have to submit details of their bank accounts, movable and immovable properties in India and abroad by February 20 this year.
