The Company Law Board (CLB) has offered two more days to Maytas Infrastructure, a listed company run by the family of arrested Satyam founder Ramalinga Raju to prepare its case.
CLB said that it will hear the governments petition to replace the board on February 26. The decision was taken on the request made by Maytas Infrastructure. The matter was earlier scheduled for hearing on February 24.
But CLB did not grant an adjournment of the hearing to a similar government petition to replace the board of Maytas Properties. Counsels for both the Maytas companies requested CLB to extend the date of hearing of the governments application filed on February 17.
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