Khaitan Jayakar respite for Ramalinga Raju J Sagar and Karanjawala for PwC auditors

Khaitan  Jayakar respite for Ramalinga Raju J Sagar and Karanjawala for PwC auditors

The Bombay High Court granted an extension on the stay on the production warrant issued against Ramalinga Raju by a Magistrate’s Court. It has been a little more than a year since Ramalinga Raju’s infamous letter. While on one hand we are yet to decide the forum in which Raju ought to be tried, on the other hand, US courts sentenced Bernard Madoff to 150 years in prison in just over 6 months.

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