The Andhra Pradesh High Court has asked Brahmaiah and Company, the chartered accounting firm, to submit its report on the accounts of the Mahindra group firms that are involved in the merger of Mahindra Satyam and Tech Mahindra.

The firm had sought terms of reference for the task. The court told them that they could follow the order it issued last month in this regard. The court had decided to seek the report after the Official Liquidator suggested to it that it required an expert to study the complex accounts of various firms that were involved in the merger.

(This article was published on January 4, 2013)
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