Satyam Scam Explained | Satyam Fraud Case Study
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- เผยแพร่เมื่อ 22 ต.ค. 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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Who’s here after studying auditing?
CA INTER
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 !
Visuals. Narration. Flow. Conceptualization - Top notch.
Loved it!
Well explained mam...U all are a great team... I want these types of interesting topics again
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 ).
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!
This is really good. I love the graphics and you explained it really well. Thank you and waiting for more
Thank you
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.
this is so very well explained, keep up the good work!
This video 50% credit goes to graphic designer
Yes!!!
I agree bro
@Priya Jain thank u mam 👍❤
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
Keep This Series Continue... Explain More Scams Madam🙏🏻🙏🏻
Excellent explains mam. Do these series regularly.
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
Congratulations !!! Your content is expanding....☺👍👏
Easy and effective explanation...keep it up!👍
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
Clear cut n too the point explanation 👍
Fabulous 🙏
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 🤗🤗🤗
Finology legal is the best channel for competitive and law exams 👏👏
Well exlpained.. Plz make more videos on scams..
This channel is really helpful. ❤👍
great explanation 8:07 2G spectrum case k baare m v video banaye
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
Sure.. Upload more. These r our subject topic too. Really helpful. Thanku
U explained very well & Graphic designing also gud. 😊
Thanks and welcome!
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- th-cam.com/video/mK4em8yFjNc/w-d-xo.html
@@_FinologyLegal thanks a lot
This is a Very Useful and good information with a Very Nice Explanation .......Keep it up mam
Thanks a lot
Very well explained 👏👏
Well explained
Thankyou 🙏
Explanation is very clear thank you
Hello Dear
I would like to see more such videos, u hv well explained the scam. God bless.
fantastic info mam please bring another story like this
Thanks a lot to finology team.. Can you make a videos about CORPORATE GOVERNANCE..? Please nd missing u Priya mam n ur 'HEY EVERYBODY'
Very well explained👌👌👌👌
Thankyou so much mam😊😊😊
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 🔥🔥🔥🤟🏻🤟🏻🤟🏻
Superb lecture thanks a lot mam
U didn't tell about money laundering and about steps taken by enforcement directorate. Also resignation of independent director.
Incredibly amazing✨✨🤗
Excellent Information !
Very Nice Mam.... We are waiting for much such videos ..
Hi
Can there be a video or case study regarding vedanta case. I humbly request you to make one if it is possible.
An episode for this on Bad Boy Billionaires would have been amazing
This video is very useful for the student.👍👍👍
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
Thank you mam for better understanding
Well expressed mam ,thank u
konsa software use karte ho edit or video mb size kam karne k liye quality mast hai par mb kam hai kese ?
बहुत ही बढ़िया बतैलू ह ...
मैडम जी.... धन्यवाद ।🙏
Good explanation.but what about the properties of Raju?is it seized by ED?
Great content but next time please focus on the audio quality.
Excellent explain ma'am
Nice explanation 👌 ❣️
Sound Quality is very poor in explanation..Please improve. Otherwise Nice informative video.!!
Awsome mam..🙏🏻
Wow thank you so much!😊
Love the way you presented!!
Thanks Mam.. very nicely explained..
Man great explanation
Good explanation mam 👍🙏
Thank you ma'am for your explanation. 😊
Excellent explanation mam
wow.well explained..thanks a lot!!
Glad you liked it.
Very help for case study
Are u going to explain such interesting topic regularly????
Yo made it very easy to understand this scam ...... Thankyou ❤️
Glad to hear that
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 aap regular current affairs padhao...ache lectures h
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 ?
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.
Thank you so much ma'am
Please shed light on enron scandal.also reasons for 2008 financial meltdown
Medum kindly request to you upload last month's important current affairs
How and from where to read the full case of the court? Thank you 👍
NFRA was also formed by the government to check auditors of such big companies
Eager to know about more scams
Corporate governance pr ek video bnao mam😊
Thank you
Very well explained
It was really helpful...thnku mam😊
Keep watching
Hi Kakoli, this was story, should have added legal aspects is business also.
Ezpz explained, thankyou so much😭🤲
Waah kya baat h.... Itne bade scam me sja 7 saal fine 5 cr... Its joke
Also explain procedure in PMLA cases and loss is made good
Thank you madam
Great video, keep it up guys
Thanks so much!
Nice explanation and graphics
Thank you 🙂
So legally what are the cases imposed on this scam, i mean sections... Where will get the details.. Pls maam reply.
I see your all content video
But one thing why u name your TH-cam finology plz say...
Excellent 😊😊😊
Rama and Ramalinga Raju both were convicted for fraud/scam. Then what reputation do they have left.
The petition filed doesn't make sense.
Please creat a short video on Lehman brothers file for bankruptcy protection. Thnku dear
Nice Explanation
Thank you mam 😊❤
Most welcome 😊
Well explained mam
Nicely explained
great content. but you guys need a better mic. it hurts
Superb explanation
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?