Satyam Scam Explained | Satyam Fraud Case Study
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- čas přidán 22. 10. 2020
- Hey Everybody, this video is about one of the biggest-ever corporate accounting scam in India. Satyam computer services ltd was started in 1987 in Hyderabad by the Raju brothers, Rama Raju and Ramalinga Raju.
Tensions started when the brothers decided to merge with the company called Maytes. The merger of the two companies gave rise to various legal issues in this case. B Ramalinga Raju confessed to a huge financial manipulation to the tune of Rs 50.4 billion in Satyam’s books of account.
A web of 356 investment companies was used to allegedly divert funds from Satyam. The Government and SEBI took various steps to tighten the grip on such offenders. They brought several new regulations under the Companies Act of 2013. Now, companies are obliged to change their auditors every 10 years.
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Thank you!
Who’s here after studying auditing?
CA INTER
This video 50% credit goes to graphic designer
Yes!!!
I agree bro
@Priya Jain thank u mam 👍❤
It feels so good to see this Channel growing. I am sure all the New Presenters will continue to add to the Charm of the Channel ! All the Best !
Looking like he was the Raju of Hera pheri 😆😂, Btw very well explained mam and hats off to the efforts of finology legal towards law.
Glad you liked it!
Visuals. Narration. Flow. Conceptualization - Top notch.
Loved it!
Excellent explains mam. Do these series regularly.
Each and every mentor of finology legal is very intelligent. 🤘🤘🤘🤟🤟🤟. Keep it up. I do not stop to say that now a day news anchor are not showing real issue or important issues related to country in obvius manner. But this channel taught us about the ongoing situation of country and so many topic on which people also wanted to know . ( like Farm bills ).
Well explained mam...U all are a great team... I want these types of interesting topics again
Hello I am writing here cause I have seen Ms. priya's video on landmark judgement. Many new judgments have come during the last 2 decades. Wish you people can make a videos regarding that. I will help us students alot. Thank you. Nice videos guyz. Keep up the good work.
Keep This Series Continue... Explain More Scams Madam🙏🏻🙏🏻
this is so very well explained, keep up the good work!
Mam plssssssss give the 2nd part revision of fundamental rigts u r fabulous your teaching style is really goood plsss mam post the 2nd part as soon as possible
This is really good. I love the graphics and you explained it really well. Thank you and waiting for more
Thank you
Congratulations !!! Your content is expanding....☺👍👏
U didn't tell about money laundering and about steps taken by enforcement directorate. Also resignation of independent director.
Hello Ma'am..Really liked the information presented to us with such an ease. Very easy to understand. It would be very nice if you can prepare similar videos over other financial scams in India like Sahara Scam, Harshad Mehta scam etc.
I really loved your teaching style ma'am
Easy and effective explanation...keep it up!👍
Thanku so much mam i was reading a lifting of corporate veil then I can't understand before watch this vedio now I will purely understand thanku man
Clear cut n too the point explanation 👍
Fabulous 🙏
A big 🙏🏻Thanks to finology legal team for enlightening us regarding the real and important issues of the country. Since the Godi media is busy in Kangna Bollywood & Bihar Election campaign of BJP, people like you are the only left hope for real news. keep it continue please...
Investing is haram stay away from it or you will not get hurra in heaven
Finology legal is the best channel for competitive and law exams 👏👏
superb explanation mam ...seriously loved it 👌👌...and yes it will be gr8 to share more information abt other scams ...i really want it ..thnks a lot mam 😊😊
Thank you 🤗🤗🤗
Well exlpained.. Plz make more videos on scams..
Sure.. Upload more. These r our subject topic too. Really helpful. Thanku
This channel is really helpful. ❤👍
great explanation 8:07 2G spectrum case k baare m v video banaye
Sound Quality is very poor in explanation..Please improve. Otherwise Nice informative video.!!
Well explained
Thankyou 🙏
Incredibly amazing✨✨🤗
Very well explained👌👌👌👌
Thankyou so much mam😊😊😊
Very well explained 👏👏
Thanks a lot to finology team.. Can you make a videos about CORPORATE GOVERNANCE..? Please nd missing u Priya mam n ur 'HEY EVERYBODY'
Superb lecture thanks a lot mam
Explanation is very clear thank you
Hi
Can there be a video or case study regarding vedanta case. I humbly request you to make one if it is possible.
U explained very well & Graphic designing also gud. 😊
Thanks and welcome!
Well expressed mam ,thank u
What girls will do ..... This question was asked by many people. But u guys just rocked it and proved everyone wrong and female are equal to men... And we r same in every field. Thank you so much man 😊😊😊
Thank you mam for better understanding
Love the way you presented!!
fantastic info mam please bring another story like this
Very Nice Mam.... We are waiting for much such videos ..
Hello Dear
I would like to see more such videos, u hv well explained the scam. God bless.
This video is very useful for the student.👍👍👍
The video is very informative...but make a short correction it's not MAYTES it's MAYTAS(SATYAM spelled backward)❤️❤️❤️ keep on the good work 🔥🔥🔥🤟🏻🤟🏻🤟🏻
Excellent Information !
बहुत ही बढ़िया बतैलू ह ...
मैडम जी.... धन्यवाद ।🙏
Good explanation.but what about the properties of Raju?is it seized by ED?
Thank you ma'am for your explanation. 😊
This is a Very Useful and good information with a Very Nice Explanation .......Keep it up mam
Thanks a lot
konsa software use karte ho edit or video mb size kam karne k liye quality mast hai par mb kam hai kese ?
An episode for this on Bad Boy Billionaires would have been amazing
Thanks Mam.. very nicely explained..
Thank you so much ❤
Please shed light on enron scandal.also reasons for 2008 financial meltdown
Thank you ma'am! I appreciate your teaching skills.... 😊
Yeahh maim...plzzzzzzz upload new videos in this channel... really hm baut bore ho gye ek hin videos ko baar baar dekhte dekhte
Mam Satyam company ka had state m Jo property tha ohh kaha gaya
Govt n acquired kar liya kya ...
????????
Nice lecture mam ..
Love from Sundarbans , West Bestgal
Wow thank you so much!😊
Waah kya baat h.... Itne bade scam me sja 7 saal fine 5 cr... Its joke
NFRA was also formed by the government to check auditors of such big companies
Thank you so much ma'am
Man great explanation
Are u going to explain such interesting topic regularly????
Mam aap regular current affairs padhao...ache lectures h
Very nicely and briefly explained.
Please make a video on Harshad Mehta case as well.
Here is the link for Harshad Mehta Scam: Explained by us Finology Ticker- czcams.com/video/mK4em8yFjNc/video.html
@@_FinologyLegal thanks a lot
Excellent explain ma'am
Is there are chances of Financial emergency to be imposed due to Pandemic Crisis in India?
Please make a video on Why India never had imposed Art.360 ?
Great content but next time please focus on the audio quality.
Rama and Ramalinga Raju both were convicted for fraud/scam. Then what reputation do they have left.
The petition filed doesn't make sense.
Excellent explanation mam
Nice explanation 👌 ❣️
Very help for case study
How and from where to read the full case of the court? Thank you 👍
Good explanation mam 👍🙏
What about extra income tax for inflated profits? Did he clear His income taxes in time?
How did he inflate his books of accounts? how did his CA audit his company?
Also explain procedure in PMLA cases and loss is made good
So legally what are the cases imposed on this scam, i mean sections... Where will get the details.. Pls maam reply.
Hi Kakoli, this was story, should have added legal aspects is business also.
wow.well explained..thanks a lot!!
Glad you liked it.
Eager to know about more scams
Medum kindly request to you upload last month's important current affairs
Ezpz explained, thankyou so much😭🤲
The weird this (or should I say smart thing) is that he named MAYTAS AFTER HIS OWN NAME SATYAM (Read it backwards)👀
Thank you madam
Very informative
Please creat a short video on Lehman brothers file for bankruptcy protection. Thnku dear
It was really helpful...thnku mam😊
Keep watching
Very well explained
Yo made it very easy to understand this scam ...... Thankyou ❤️
Glad to hear that
Please do a research on how Andhra employees treated Mr.Ramalinga Raju....
(4:26 ) politicians are less mentioned but there would be a hand of politician in every scam .
Harshad Mehta scam
Bofors scam
Adarsh housing society scam please
Please discuss about Coalgate scam and 2G Spectrum Scam
Court :- 5 cr fine
Satyam :- cash me ya fir check. ??
Awsome mam..🙏🏻
Corporate governance pr ek video bnao mam😊
Thank you
Great video idea! Thanks, Finology Legal.
Ma'am,
Can you mention the sources from where you got this information? So, that we might get to know the authenticity of the information provided.