17 July 2018 last updated at 16:39 GMT
 
BCCI SGM rejects Kochi settlement
Tuesday 12 December 2017

BCCI SGM rejects Kochi settlement
The management of the BCCI had put up a proposal that the settlement be made for Rs 850 crore
The Special General Meeting (SGM) of the Board of Control for Cricket in India (BCCI) has rejected the settlement proposal with Kochi Tuskers Kerala, the erstwhile Indian Premier League (IPL) franchise that has been seeking compensation for ‘unlawful’ termination of the side.
The management of the BCCI had put up a proposal that the settlement be made for Rs 850 crore, an amount the Kochi owners were apparently agreed to, but the members of the board decided not to go for an out-ofcourt settlement.
“The matter is already in the Bombay High Court. The SGM has decided to seek an independent legal opinion on this. This legal opinion will not be from the in-house lawyers,” said CK Khanna, BCCI acting president. Another BCCI official said the board will not consult the Amarchand Mangaldas legal firm, which has been advising the Committee of Administrators.
BCCI secretary Amitabh Choudhary confirmed the general body’s view on the Kochi team, which had won in arbitration against the BCCI in front of a Supreme Court-appointed arbitrator. “An arbitration was awarded to Kochi, which was challenged by the BCCI. However, we had interaction with the erstwhile franchise on whether we could come to an out-ofcourt settlement. We then put the matter to our legal team. We have decided we must not settle this out of court. We will continue with the legal procedure,” the acting secretary said.
Interestingly, the SGM was called with the express purpose of settling the Kochi dispute as the dues are compounded by close to Rs 75 lakh per day.
Meanwhile, the SGM reinstated Rajasthan Cricket Association (RCA) which has been under suspension since May 2014 after the association had elected Lalit Modi as its president.
The former IPL boss has agreed to step aside and the BCCI said the revocation of suspension is subject to the condition that Modi won’t come back to the association.
One of the first to welcome the SGM decision was Ruchir Modi, the son of Lalit. Modi Jr, who heads the Alwar District Cricket Association, has hoped that the decision will pave the way for the return of the IPL to Jaipur.

The Special General Meeting (SGM) of the Board of Control for Cricket in India (BCCI) has rejected the settlement proposal with Kochi Tuskers Kerala, the erstwhile Indian Premier League (IPL) franchise that has been seeking compensation for ‘unlawful’ termination of the side.

The management of the BCCI had put up a proposal that the settlement be made for Rs 850 crore, an amount the Kochi owners were apparently agreed to, but the members of the board decided not to go for an out-ofcourt settlement.

“The matter is already in the Bombay High Court. The SGM has decided to seek an independent legal opinion on this. This legal opinion will not be from the in-house lawyers,” said CK Khanna, BCCI acting president. Another BCCI official said the board will not consult the Amarchand Mangaldas legal firm, which has been advising the Committee of Administrators.

BCCI secretary Amitabh Choudhary confirmed the general body’s view on the Kochi team, which had won in arbitration against the BCCI in front of a Supreme Court-appointed arbitrator. “An arbitration was awarded to Kochi, which was challenged by the BCCI. However, we had interaction with the erstwhile franchise on whether we could come to an out-ofcourt settlement. We then put the matter to our legal team. We have decided we must not settle this out of court. We will continue with the legal procedure,” the acting secretary said.

Interestingly, the SGM was called with the express purpose of settling the Kochi dispute as the dues are compounded by close to Rs 75 lakh per day.

Meanwhile, the SGM reinstated Rajasthan Cricket Association (RCA) which has been under suspension since May 2014 after the association had elected Lalit Modi as its president.

The former IPL boss has agreed to step aside and the BCCI said the revocation of suspension is subject to the condition that Modi won’t come back to the association.

One of the first to welcome the SGM decision was Ruchir Modi, the son of Lalit. Modi Jr, who heads the Alwar District Cricket Association, has hoped that the decision will pave the way for the return of the IPL to Jaipur.

(Courtesy: Mumbai Mirror)

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