IPL TV Rights dispute settled, BCCI lawyer urge, criminal proceedings against…

first_img WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Share on Facebook Tweet on Twitter IPL TV Rights Dispute Settled : BCCI set to get 800 Crore windfall Cricket Football Cricket Now the lawyers representing BCCI in the case have urged that police complaint against former IPL commissioner Lalit Modi and WSG should be acted upon.  Cricket Euro 2020, Switzerland vs Turkey LIVE: Shaqiri doubles Switzerland’s lead after Seferovic opener at HT; Follow Live Updates Latest Sports News IPL TV Rights dispute settled, BCCI lawyer urge, criminal proceedings against Lalit Modi & WSG Latest Sports NewsSport Facebook Twitter The Board of Cricket Control of India (BCCI) has won the arbitration against World Sports Group (WSG) in the matter of now terminated Indian Premier League’s (IPL) broadcast rights contract for the overseas territories. The BCCI had accused the then chairman of its IPL Governing Council Lalit Modi of committing fraud on BCCI in collusion with WSG officials to the tune of Rs 425 crore. Now the Arbitral Tribunal has upheld the termination of the media rights agreement with WSG.  The majority decision by an Arbitral Tribunal consisting of Supreme Court Justices (Retd) Sujatha Manohar, Mukunthakam Sharma and S.S. Nijjar will bring in huge windfall for BCCI. As the tribunal upheld the termination of the media rights agreement for overseas territories with WSG by the BCCI on June 28, 2010, BCCI is due for Rs. 800 crore windfall.  RELATED ARTICLESMORE FROM AUTHOR Cricket F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd P. Raghu Raman Senior Counsel who represented the BCCI told IANS: “Now that a binding arbitration award has clearly pointed out the fraudulent conduct of Lalit Modi and others from WSG group, the police complaint given by BCCI to prosecute these persons at least at this stage should be acted upon.”center_img WI vs SA 2nd Test Day 3 Live: Roach removes Markram in the first over; SA 20/1 (6 ov)- Follow Live Updates Formula 1 Brake For ItThis NASCAR Wife Turns Heads Everywhere She GoesBrake For It|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.com|SponsoredSponsoredUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical Matters|SponsoredSponsoredUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It Love|SponsoredSponsoredUndo Football WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry TAGSBCCIIndian Premier LeagueIPL – BCCI – WSG TV Rights DisputeIPL 2020LALIT MODI SHARE Cricket Previous articleTokyo Olympics : Japan Olympic Committee declares, ‘we may have to borrow monies’Next articleSports Business : BeIN Sports can’t broadcast in Saudi Arabia, license permanently cancelled Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. By Kunal Dhyani – July 14, 2020 In a complete vindication of the hard stand taken by the BCCI office bearers including N. Srinivasan then Secretary, the Arbitral award has allowed the BCCI to appropriate the amounts lying in escrow pending the arbitration. This sum is to the tune of over Rs800 crore. Speaking to IANS, a former BCCI official said that the verdict vindicates the stand of the BCCI. “It is relevant that the Award has accepted the case of BCCI that Lalit Modi was guilty of concealing the agreements that had been entered into and also the defaults committed by WSG Mauritius, from the then office bearers,” he said.IPL TV Rights Dispute Settled : What exactly was the BCCI – Lalit Modi – WSG Dispute all about ? Euro 2020, Italy vs Wales LIVE: Bernardeschi denied by the upright as Italy come close to doubling advantage; Follow Live Updates WTC Final Day 3 LIVE Score: Devon Conway smashes fifty; R Ashwin gets Latham- NZ 101/1 (45 ovs)- Follow Live Updates by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoThe BCCI had accused the then chairman of its IPL Governing Council Lalit Modi of committing fraud on BCCI in collusion with WSG officials to the tune of Rs 425 crore. Reason, Modi had executed a 10 year TV Rights contract with WSG Mauritius in exchange of facilitation fee to the sports marketing rights company. The board believed that the almost Rs 425 crore have been siphoned off from the BCCI / IPL coffers and gone into the hands of a middle man. The board also accused Modi of committing fraud on BCCI in collusion with WSG. BCCI, led by then secretary N Srinivasan raised red flag on the deal and it resulted in termination of the said agreement. Since that time matter was in legal dispute and now with binding arbitral order BCCI stands vindicated.  PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Cricket BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check last_img read more

Five pilgrims injured as glacier collapses in Kullu

first_imgShimla: Five pilgrims were injured as a glacier broke off and collapsed on way to the Shrikhand Mahadev shrine in Himachal Pradesh’s Kullu district, the police said Wednesday.The ‘yatra’ to the shrine has been temporarily stopped.Considered tougher than the Amarnath pilgrimage, the ten-day Shrikhand Mahadev yatra had begun on July 15.A number of pilgrims were stranded as the glacier collapsed at Nain Sarovar near Parvati Bagh in Ani sub division on Tuesday at around 4.30 pm, police said. Also Read – How a psychopath killer hid behind the mask of a devout laity!Rescue operation was started soon after the glacier broke off, they said, adding about 50 other stranded pilgrims were rescued from the glacier point and brought towards Bhim Dwar. The five injured pilgrims have been identified as Rajiv from Ludhiana, Vivek from Pune, Baba from Maharashtra, Subhash Patel from Pune (Maharashtra) and Divyangni Vyas from Ahmedabad, they added.They have been administered first aid.Movement of pilgrims towards the shrine has been temporarily stopped due to collapse of the glacier at Nain Sarovar and landslides at various points due to rains, they added.Shrikhand Mahadev is revered by Hindus as one of the abodes of Lord Shiva. The Shivalingam is situated at a height of 18,750 feet above sea level in the lap of the Himalayas.A base camp for registering pilgrims has been set up at Sinhgad.last_img read more

DR of Congo UN begins training future police instructors

This course is the first of two five-week classes; a second batch of 54 instructors will go through the training in early September, according to UN officials. Each of the future police instructors was selected by UN staff from a list provided by the Congolese Rally for Democracy-Goma (RCD-Goma), the de-facto authority in the eastern city. MONUC’s civilian Police Commissioner, Gen. Gerardo Chaumont, as well as RCD-Goma officials, attended the opening ceremony. The Secretary-General, in his latest report on MONUC, highlighted the need for improvements in the DRC’s law enforcement practices, both in Kisangani and throughout the country. “As far as possible, the police force will have to be professionalized in order to protect it from undue political influence and to stress its civilian, non-military character,” he wrote. read more