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Founder B Ramalinga Raju and nine others have been charged under various sections of Indian Penal Code, including criminal conspiracy, breach of trust, cheating and forgery.

The tyre maker's net has been pulled down to Rs 15.27 crore, mainly on account of prices of rubber - Rs 187 per kg at present compared to Rs 90 per kg last year.
The firm had posted a net profit of Rs 663.94 crore during the corresponding quarter of last financial year, HDFC said in a filing to the Bombay Stock Exchange.
The company currently operates ten large format retail stores mostly in Delhi, NCR and Punjab and is planning to set up 45 more by 2015.
The property development arm of the Group plans to invest between Rs 6,000 crore and Rs 7,000 crore this financial year, to fund its expansion plans.
The state-run steel major achieved sales of 3.17 million tonnes in the July-September quarter, on account of increased orders by the manufacturing sector.

A virtual office an office space in all external respects, but with no room for real-life people. It is rented by businesses to maintain a recognised city-centre image.
Bank of America Securities LLC, Citigroup Global Markets, HSBC and The Royal Bank of Scotland Plc acted as joint book runners and lead managers.
Vedanta Chairman Anil Agarwal said the group firm's offer will not commence on Monday as had been planned earlier, since it is waiting for Sebi's nod.
For the half-year-ended September 30, Tata Steel said it sold 6 per cent more steel products, at 3.06 Mt, against the 2.87 Mt in the year-ago period.
The credit-rating agency has revised the outlook for the steel major and its UK unit from 'negative' to 'stable' on account of increased liquidity.
The company made a stellar debut on the bourses on Wednesday, opening 21 per cent higher, at Rs 213, on the Bombay Stock Exchange.