Kochi franchise submits letter, BCCI legal team to study it
Kochi IPL franchise, which had been given ten days to sort out its problems, today submitted its letter to the BCCI, which will now take a decision on the newly-formed team's fate in the fourth edition of the high-profile league.cricket Updated: Oct 20, 2010 21:39 IST
Kochi IPL franchise, which had been given ten days to sort out its problems, on Wednesday submitted its letter to the BCCI, which will now take a decision on the newly-formed team's fate in the fourth edition of the high-profile league.
The legal team of the Cricket Board has been entrusted with the task of studying the letter which has been forwarded to Board president Shashank Manohar.
"Today was the last day given to the the Kochi franchise for responding to the notice given to them. They held a few meetings in the last two-three days and submitted a letter which has been sent to the president (Shashank Manohar)," said BCCI's Chief Administrative Officer, Ratnakar Shetty in Mumbai.
Without revealing the contents of the letter submitted by the franchise, whose partners have been squabbling over the nitty gritties of forming a joint venture company as per the norms and regulations stipulated by IPL, Shetty said the Board would take a call on the letter's content after its legal department studied it.
"The president will study it, our legal team will study it before taking a decision," he said, adding that the Board, at present, has not thought about calling a meeting of the IPL Governing Council.
Earlier this month the BCCI, owning the IPL, had issued a notice to the newly-inducted Kochi team asking the partners to resolve all their internal disputes within 10 days.
It was decided to issue a notice to the unincorporated joint venture holding the Kochi franchise calling upon them "to resolve all their disputes and form a company which will hold the IPL franchise rights," the Board said after the IPL Governing Council meeting in Mumbai on October 10.
At the same meeting the Board decided to scrap the IPL franchise agreements of Rajasthan Royals and Kings XI Punjab for alleged breach of terms and conditions of the agreements.
A top BCCI source told PTI that in case the Kochi franchise too is scrapped a fresh bid would be put in place by the Board for replacing it before IPL4 to be held in April-May, 2011.
"The IPL would be run with (at least) eight teams," the source added.
First Published: Oct 20, 2010 21:36 IST