Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

BCCI moves Supreme Court to stall Lalit Modi's shot at RCA

Jan 02 2014, 17:08 IST
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The BCCI had in September 2013 slapped a life-ban on Lalit Modi for financial irregularities The BCCI had in September 2013 slapped a life-ban on Lalit Modi for financial irregularities
SummaryThe BCCI had in September 2013 slapped a life-ban on Modi for financial irregularities.

Days after the Rajasthan Cricket Association (RCA) declared that it cannot bar Lalit Modi from contesting its election, the Board of Control for Cricket in India (BCCI) moved the Supreme Court Thursday to stall Modi's shot at the president's post.

Pursuant to the decision by its working committee last week, BCCI has intervened in a matter already pending before the court wherein the Rajasthan Sports Act 2005 has been challenged. Former RCA secretary Kishore Rungta had filed this petition, specifically challenging the provision that abolished voting rights for individual members.

This petition has been slated to be heard next on January 6 when the court is also expected to take a call on declaring the result of the RCA election held on December 19.

BCCI's petition claimed that any sort of association of Modi, who has been placed under life ban by the BCCI, with the RCA's affairs will badly affect the image of the cricket Board. The BCCI had in September 2013 slapped a life-ban on Modi for financial irregularities when he was Indian Premier League commissioner from 2008 to 2010.

BCCI's petition also contended that Modi's nomination was not right since RCA had imprudently rejected Board's objections to the former IPL commissioner's candidature. The Rajasthan elections were conducted under the court order. The court had appointed Justice NM Kasliwal, former judge Supreme Court, and Justice SP Pathak, former judge Rajasthan High Court, as observers for ensuring free and fair election in the RCA. Both observers had rejected all objections and allowed Modi to contest for the president's post of the RCA.

After Modi was allowed to contest, BCCI's secretary Sanjay Patel had also threatened RCA with expulsion if Modi was to represent a district in the state unit's election. However, responding to Patel's letter, RCA officiating secretary KK Sharma had said that objections to Modi's candidature was “wholly misconceived” since the RCA was governed by the provisions of Rajasthan Sports Act and not by the BCCI rules.

“The observers have rejected all objections raised against the candidature of Lalit Modi and have by a speaking order permitted Mr. Lalit Modi to contest the elections. The RCA cannot flout the orders of the Hon'ble Supreme Court and interfere in the conduct of elections by Supreme Court appointed observers,” RCA's letter to the BCCI had read.

Subsequently, the BCCI working committee met in Chennai on Saturday to discuss the future course of action.

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