No Satyam Board meeting Saturday: Minister

January 9th, 2009 - 9:49 pm ICT by IANS  

New Delhi, Jan 9 (IANS) The beleagured IT firm Satyam Computer cannot hold its board meeting Saturday as scheduled earlier, Minister for Company Affairs Prem Chand Gupta said here Friday.“The government is restraining all current directors from the board. So Satyam cannot hold its Board of Directors meeting tommorow (Saturday),” Gupta told the news channel NDTV.

He said that the first meeting of the board will be held in seven days, and that the government will appoint 10 nominal directors to the Satyam board.

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