IPL Commissioner Lalit Modi's problems were compounded after Propaganda Media and Marketing, the event management company handling the IPL Awards night, served a legal notice to him and Cineyug for breach of proprietary rights, credits and financial compensation.
In a media statement, the company said the April 23 IPL Awards, approximately Rs 800 crore revenue resource for BCCI, was conceptualised and presented to the IPL committee by Gaurav Garg and his team who were functioning jointly with Cineyug Group under the proposed joint venture -- "Cineyug Signature".
The aforesaid joint venture was functioning as the specialised arm for creating IPL Awards since 2008 and other large-format televised events which have been created and pitched by Gaurav Garg and awarded to Cineyug Group.
It is not only the creative loss to the work of professionals like Gaurav but the methodology of leaching from the common man with various under-hand deals of Cineyug and IPL and nexus of interested parties that have led to a direct financial loss of Rs 87 lakh, which was part of the overall dues payable to Propaganda of 35 per cent earnings to the tune of Rs 20 crore, collectively over three years, the statement said.
The statement further accused that it seems all aspects of the BCCI are under sale to people connected to Lalit Modi.
"It has been declared by Cineyug's Morani Brothers that IPL Awards is exclusive to Cineyug Films and registered under the Indian Copyright Act 1957 and trade mark under the name of Mohammad Morani. The question arises how an Agency (Cineyug) was allowed to register a copyright to BCCI event," it said.
Even on having sought the basic direct outstanding payments to the event conceptualisation as per the notice that was served on April 17 last week, the Morani's continue to deny the claim and are wanting to wash away the total issue so they can take complete advantage of the awards function solely, the statement said.