The Company Law Board wants the current board to remain. Till when?
It could be a month; it could be six weeks; it could even be more. Frankly, I don't know how long.
The government may have a very good reason for wanting the board members to continue, some of which I perfectly understand.
However, what I do know for sure is that all six of us need not be on the Satyam board. Some of us can go, and should go. It's a private company.
The government stepped in with good reason. It should now fully hand over the reins to the private company at the earliest.
As for me, I would like to move out. The job is pretty much over.
Image: Satyam Computer Services board member Deepak Parekh and Karnik (left) confer during a news conference after Tech Mahindra won the auction to buy Satyam. | Photograph: Arko Datta/Reuters
Also read: The strategist behind the Satyam takeover
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