More trouble is brewing for Maytas Properties Ltd, the unlisted company promoted by the family of Satyam Computer Services Ltd founder B Ramalinga Raju.
He went on to explain that it is standard practice for developers to have development agreements under which the land-owner cannot sell his land to any other entity or individual.
The government had removed all directors related to the Raju family from the board of Satyam before it was handed to the Mahindra group.
On February 17, 2009, Satyam case was handed over to CBI.