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Indian Government which dissolved the whole satyam board not sure if its to safeguard Satyam Computers or the Satyam involved in the Satyam Computer services fraud.It informed that they have appointed the first 3 members of the 10 Member board and its appointed by the Ministry of Corporate Affairs.They will first form the Board of directors panel.

The members are:

1. Mr. Deepak S. Parekh, (Chairman of HDFC)
2. Mr. Kiran Karnik, (Former President of NASSCOM)
3. Mr. C. Achuthan, (Director at the National Stock Exchange, former Member of SEBI, and former Chairman of Securities Appellate Tribunal.)

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