Supreme Court checks BCCI’s financial powers

0
773
Prev1 of 2
Use your ← → (arrow) keys to browse

The Supreme Court on Friday refused to give an inch to the Board of Control for Cricket in India’s (BCCI) “defiance” and ordered that none of the Board’s member State associations will get a single rupee from the apex cricket body till they comply in “letter and spirit” with the Justice R.M. Lodha Committee reforms.

In a judgment, which was not announced beforehand or notified in the court’s cause list, a Bench, led by Chief Justice of India T.S. Thakur stood firm by its October 7 decision to choke the financial jugular of the BCCI’s 25 State cricket associations till they fall in line.

The judgment asked the Committee to fix a ceiling limit for contracts the BCCI can enter into. Contracts worth beyond this financial limit would require the panel’s approval. It also asked the Committee to appoint an independent auditor to scrutinise the BCCI accounts and fix the financial limits for contracts.

The court ordered the BCCI secretary and president to file compliance reports before the Committee and the Supreme Court in two weeks.

It asked the panel to apprise ICC chairman Shashank Manohar of the court’s orders.

On October 7, Chief Justice Thakur made the court’s stand clear by ordering that the BCCI will not disburse Rs. 16.73 crore each to 12 State cricket associations. These dozen associations were yet to get the balance payment of their share from nearly Rs. 2,500 crore the BCCI had received towards compensation on account of termination of Champion League T 20.

Prev1 of 2
Use your ← → (arrow) keys to browse

LEAVE A REPLY