Controversies
Ownership of N. Srinivasan
Until September 2008, BCCI regulation, Clause 6.2.4 stated that "No administrator could have, directly or indirectly, any commercial interest in the matches or events conducted by the board". However, N. Srinivasan, who was then the treasurer and vice-chairman of BCCI, became the de facto owner of the Chennai Super Kings since he was the managing director of India Cements. Former BCCI President A. C. Muthiah wrote to the BCCI regarding the violation of this clause in 2008 but the BCCI did not respond. In September 2008, Muthiah went to the Madras High Court to restrain BCCI from allowing Srinivasan to participate in the general body meeting where the election was to be held. However, the suit was dismissed by the High Court and the following day, Srinivasan was elected as the Secretary of BCCI.[108] The clause was amended as "No administrator shall have, directly or indirectly, any commercial interest in any of the events of the BCCI, excluding IPL, Champions League and Twenty20".[109] Muthiah then moved to the Supreme Court which gave a split verdict in April 2011. Later in August 2011, Muthiah filed another petition to stop Srinivasan from taking over as the BCCI President[110] but the Supreme Court rejected the petition, and Srinivasan was elected the President of BCCI
0 comments:
Post a Comment