International Cricket Council (ICC) Chairman N Srinivasan decided to keep a distance between him and Indian Premier League (IPL) franchise Chennai Super Kings (CSK), which is owned by India Cements Limited, which is headed by Srinivasan himself.
The Supreme Court, in a landmark ruling, disallowed officials of the Board of Control for Cricket in India (BCCI) from having commercial interests in the IPL. Srinivasan, who expressed interest in contesting the BCCI elections, was ordered by the apex court to sell off his stake with CSK, according to a report by NDTV Sports.
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The court order stated that a person cannot contest elections, “till such time the person concerned holds such commercial interest (in the board) or till the three member committee (probing charges of betting on IPL matches against IPL teams CSK and RR and their officials/owners Meiyappan and Kundra) considers and awards suitable punishment to those liable for the same, whichever is later.”
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