The Lodha panel also said to the banks that “You are aware that by way of this committee’s direction dated 31 August, 2016, no further decisions were to be taken regarding the future apart from routine matters. The disbursement of these amounts are not routine, and in any case, not emergent,” the committee said. “You are also aware that the BCCI has chosen to breach the judgment of the Hon’ble Supreme Court as well as the first set of timelines set out by this Committee which includes the Fund Disbursement policy to be framed by 30 August, 2016.”
“As the status report is to be taken up for directions by the court on Thursday, you are hereby directed not to take any steps towards financial disbursement of the amounts as resolved/approved after the direction dated 31.8.2016. Any violation of this direction will be placed before the Hon’ble Supreme Court for appropriate directions,” it added.
According to a Time of India report BCCI will take the final decision after the next hearing in Supreme Court on October 6. The senior official of BCCI asking for more time said, “Let’s not make a fool of ourselves throughout the world for not being able to pay. Let the New Zealand team leave honourably.”
The panel also cited the 18 July Supreme Court verdict, which had told the BCCI to “cooperate and act in aid of the Committee and its directives”.
Sourced from agencies, feature image courtesy: espncdn.com
