After Board of Control for Cricket in India (BCCI) threatened to call off the third test match of the ongoing series between India and New Zealand, Justice Lodha’s committee has come up with a clarification.
As per Mr Lodha, they have not directed to freeze the accounts of BCCI, rather they have directed BCCI to not to distribute funds to the State associations.
Moreover, Lodha committee has said that day to day affairs, routine expenditure, matches, games, that should go on, therefore prohibition is not there.
As per reports, the committee mailed authorities of BCCI on Monday saying that, the committee knows about BCCI’s stand of not to disburse “large” funds to the State associations that was taken by the Board at its Special General Meeting on September 30.
It further warned it by saying that the Board was aware of no further decisions were to be taken regarding the future apart from routine matters. It also instructed the Board by saying that
Meanwhile the committee has as the status report is to be taken up for directions by the Hon’ble Court on Thursday, 6.10.2016, the board is directed not to take any steps towards financial disbursement of the amounts as resolved / approved after the direction dated 31.8.2016.
Meanwhile, the committee has requested Yes Bank not to freeze the accounts of the BCCI. This particular action was taken by the panel following reports that the private sector bank has put the BCCI accounts on a debit freeze status.
Nevertheless, it has created a tension among State Associations which are dependent upon parent body for organizing matches and are unable to carry on their functioning which has impacted the preparations for the coming games of ongoing series between India and New Zealand.