New Delhi: N Srinivasan’s dual role as an office bearer of the Board of Control for Cricket in India (BCCI) and IPL team owner left a two-judge bench of the Supreme Court divided on Thursday, which means the public interest case against Srinivasan holding both posts will now be referred to a larger bench.
The court heard a PIL filed by former BCCI president A. C Muthiah, who contended that Srinivasan’s position as BCCI treasurer and owner of the Chennai Super Kings was a conflict of interest.
Srinivasan is the managing director of India Cements Ltd, the company which owns the Super Kings. He is also the president of the Tamil Nadu Cricket Association, the home ground of the Chennai IPL team.
Justice Gyan Sudha Mishra agreed Muthiah and said Srinivasan should hold only one position, while justice J M Panchal dismissed Muthiah’s PIL.
Meanwhile, Srinivasan, who was appointed president elect of the BCCI, will continue to retain his offices until the case is heard afresh by a 3-judge bench.
By virtue of his positions, Srinivasan has access to confidential information, including a seat on the IPL governing council, the body which runs India’s hugely successful urban league. The BCCI’s rules state that no administrator can have a direct or indirect stake in any of the commercial ventures of the Board, of which IPL is arguably the largest.