IPL spot-fixing case: Full text of Supreme Court verdict
Full Text of the Supreme Curt verdict on Thursday.
The Supreme Court verdict on the IPL spot-fixing case, passed yesterday, proved to be extremely decisive for several top BCCI officials, but the significance of the ruling has particularly hit the BCCI president in exile and current chairman of the ICC, N Srinivasan, hard. The 70-year-old has been barred from contesting the BCCI elections this year on grounds of conflict of interest.
However, the charges that were laid against him of him covering up his son-in-law’s involvement in betting were proved to be false. The Court also ordered that fresh elections should be held within a time span of 6 weeks, besides taking down the controversial 6.2.4 rule that allowed BCCI officials to own IPL teams.
That decision means that Srinivasan will now have to choose between contesting for BCCI presidency and holding stakes in the IPL franchise Chennai Super Kings (CSK).
"Amendment in the BCCI rules allowing Srinivasan to own IPL team is bad as conflict of interest in cricket leads to great confusion."
"No one who has commercial interest including N Srinivasan shall be eligible for any post in the BCCI and this disqualification on ground of commercial interest shall continue till such commercial interest will exist,” the two-member panel of Justices T S Thakur and F M I Khalifulla said.
The Court also found Raj Kundra, co-owner of Rajasthan Royals, and ex-CSK team principal Gurunath Meiyappan guilty of indulging in betting activities; it has set up a three-member panel, consisting of RM Lodha, Ashok Bhan and RV Ravindran, to decide on the punishment to be given to the two teams as well the officials who have been convicted. The panel has been given six months time to submit their report.
Here’s full text of the Supreme Court verdict.