The High Court of Andhra Pradesh has ordered a stay on the on the decision of Enforcement Directorate to attach the property of Mahindra Satyam in connection with money laundering case, which involved B Ramalinga Raju, the founder of the disgraced Satyam Computer Services Limited in Hyderabad. It may be recalled that the Enforcement Directorate has issued an order in October to attach the properties of Mahindra Satyam worth Rs. 822 crore.

(AW Phani)