New Delhi, Nov 24:
“You are a person who is managing the show. You are also having a team in IPL. Your are the owner of a team (Chennai Super Kings) in IPL. Would it not be a conflict of interest,” asked an apex court bench headed by Justice TS Thakur.
Srinivasan is managing director of India Cements, which owns the IPL franchise Chennai Super Kings (CSK).
India Cements, in a Nov 21 court hearing, told the Supreme Court that any action against CSK would have disastrous consequences for the cash-rich Twenty20 tournament.
If any orders are passed against India Cements it could have “disastrous consequences not only for this respondent (India Cements) but also for the entire league, the cricketers involved, third parties such as sponsors, apart from millions of fans, Chennai Super Kings being arguably the most valuable and popular team in IPL,” India Cements said in its response to the Mudgal Committee report.
Mudgal Committee inquired into the allegations of match fixing and betting on the direction of the apex court and had submitted its final report Nov 1. The committee, in its report, said that Srinivasan’s son-in-law Gurunath Meiyappan was involved in betting while exonerating him of spot fixing charges.
The committee described Meiyappan as a “team official” of CSK. (IANS)