SC bans BCCI from financing state associations
posted on Oct 21, 2016 @ 4:53PM
The bench led by Chief Justice of India T S Thakur restrained BCCI from disbursing funds to state associations until they pass resolutions on implementation of the Lodha panel’s recommendations. India’s cricket board cannot release funds to state affiliates until they implement sweeping reforms backed by the Supreme Court, the top court ruled on Friday, a decision that may disrupt the sport at the domestic level. “Not a single penny will be given to state associations until they comply with the Lodha panel,” the court said, ordering the board to file a compliance report in two weeks. 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.