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The creditors had given credits to some third parties other than Satyam. So Satyam is not Legally Liable to pay a single rupee to any body. That is why Satyam has replied (on 14 th November, 2009) to the Legal Notice stating that the Claims are legally UNTENABLE (INVALID).

L&T, Mahindra Group and others were fully aware of all these facts before they have invested and contested for Satyam.

Now L&T has sold a part of shares as a part of their internal policy. To my belief they will remain invested till the share price grows up substantially.

So dear retail investors, please don’t get panicked. The recent developments are not NEW. Try to hold your stocks for a period as much as you can or else at least till January 31st.

Some people will start throwing rumours during this period to snatch your stocks at low price as it is the right time to invest in Satyam as the OTHER SHARE PRICES has gone up tremendously and is now time to DECLINE.
12.45 PM Nov 19th 2009  | Track

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