IPL-III accounts to be discussed at Governing Council meet

The accounts of the Indian Premier League's third edition, after which its Commissioner Lalit Modi was suspended, would be taken up for discussion when the 13-member Governing Council of the Twenty20 tournament meets tomorrow.

The accounts of the Indian Premier League's third edition, after which its Commissioner Lalit Modi was suspended, would be taken up for discussion when the 13-member Governing Council of the Twenty20 tournament meets here tomorrow.

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Modi was suspended for alleged financial irregularities in running the IPL and is being investigated by a three-man probe panel which is to submit a report of its findings to the Cricket Board.

The accounts (income and expenditure) for the 2010 edition of IPL is the lone item which is on the agenda of the Governing Council meeting which is being held two days before the Cricket Board's AGM at which they would be tabled.

"The Governing Council of IPL will meet on September 27. The only item on the agenda is the accounts of IPL-III which has to be passed before being presented at the AGM," BCCI sources said.

The AGM, at which the Governing Council is to be re-constituted and its tenure reduced to one year through an amendment to the Board's memorandum of rules and regulations, will be held on September 29 at the BCCI's headquarters here.

The BCCI proposes to bring the reconstituted IPL GC on par with its other sub-committees after allowing it a free rein under Modi in the first three years.