Upaid makes new complaints against Satyam

NEW DELHI: The ongoing legal battle between the country's fourth largest software exporter Satyam and Upaid, a British Virginia Island firm, on Monday took a new turn with the English firm making new claims of misrepresentation against the Indian company.

Upaid, online and mobile payment company, said it has added to its existing Texas fraud lawsuit against Satyam. The new claims against the Indian software major include misrepresentation and failure to provide good title, Upaid said in a statement.

The new complaint in Texas alleges a continuing pattern of fraudulent behaviour by Satyam.

A patent infringement court case initiated in Texas against third parties in 2005 revealed the use of forged signatures by Satyam employees on critical documents provided to Upaid by Satyam. At the time the forgeries were exposed Satyam refused to testify in the proceedings to defend against the allegations of forgery, the statement added.

"These new admissions, that Satyam had sold to Upaid intellectual property and products which they themselves knew they did not own, begin to explain Satyams bizarre refusal," said Joanne Hunter, a British co's spokesperson.

"It is revealed, by their own admissions, that they systematically covered up their internal title problems throughout their partnership with Upaid, and even after they were called to publicly defend against the alleged forgeries," Hunter added.