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BCCI to hold AGM on Mar 2

BCCI to hold AGM on Mar 2
The much-awaited annual general meeting (AGM) of BCCI, which had to be deferred a number of times because of the IPL spot-fixing case, will now be held in Chennai on March 2, bringing an end to the uncertainty over its functioning. The decision was taken at the Board’s emergent Working Committee meeting where sidelined N Srinivasan also attended in his capacity as Tamil Nadu Cricket Association president. 

The committee discussed the implications of the Supreme Court judgment and decided to act as per legal advice. It was also decided to increase the monthly gratis scheme for all former cricketers by 50 per cent subject to a maximum of 50,000 rupees per month effective from January this year. “The working committee of BCCI at its emergent meeting decided to hold the AGM on 2nd March at 9.30 AM in Chennai,” read a BCCI statement issued after the meeting. 

The meeting has been held in the wake of the Apex Court order on January 22, clearly stating that BCCI will have to hold its AGM-cum-elections within six weeks.  BCCI’s president-in-exile Srinivasan has also been clearly told by the SC that he won’t be able to stand for presidential elections unless he completely dissociates himself with the India Cements-owned CSK. The meeting on Sunday discussed the SC judgment in particular, which had questioned the autonomy of the board. 

Members expressed their objection to this because removal of the autonomy of the board would lead to lot of complications including matters pertaining to the RBI when it comes to foreign exchange transactions of BCCI.  
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