IPL Verdict: SC gives deadly blow to N Srinivasan

The much-awaited IPL verdict is finally out! And, it’s end game N Srinivasan! While the Supreme Court give him a clean chit, saying the cover-up allegations could not be proved, it has barred him from contesting the BCCI polls till he gives up his stakes in CSK. Srinivasan was also found guilty of conflict of interest. The contentious clause was struck down and the SC ruled that no BCCI officials can own an IPL team.

The apex court ordered fresh BCCI elections within six months. Srinivasan;s son-in-law Gurunath Meiyappan and Shilpa Shetty’s husband Raj Kundra were found guilty of IPL betting. They were confirmed as team officials of Chennai Super Kings and Rajasthan Royals respectively.

A judicial committee consisting of former CJI Justice Rajendra Mal Lodha and former SC judges Justice R.V. Raveendran and Justice Ashok Bhan, will decide on action against Chennai Super Kings (CSK) and Rajasthan Royals. The committee will also probe the charges against IPL CEO Sundar Raman.

Here are the key points of SC Verdict on IPL Scandal:

#1. N Srinivasan gets clean chit. Cover-up allegations could not be proved. But, he can’t contest the next BCCI elections, which should be held within six weeks.
#2. Gurunath Meiyappan and Raj Kundra found guilty of IPL betting. They were confirmed as team officials of Chennai Super Kings and Rajasthan Royals respectively.
#3. SC finds Srinivasan guilty of conflict of interest. The contentious clause 6.2.4 was struck down. Court bans BCCI officials from holding IPL teams.
#4. Srinivasan’s decision to award compensation to India Cements, was biased.
#5. Allegations against IPL CEO Sundar Raman needs to be probed. SC rules that Games should be free of Sporting Frauds.
#6. Independent Committee to decide action against CSK and Rajasthan Royals. BCCI can’t decide on the quantum of punishment.
#7. The Judicial Committee will have former Supreme Court judges -Justice Rajendra Mal Lodha, Justice R.V. Raveendran and Justice Ashok Bhan.