Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases  ||  SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension  ||  SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace  ||  SC: Women’s Representation Requirement Applies to All Bar Associations in Gujarat  ||  SC: Contempt Power isn’t Judges’ Personal Shield nor a Tool to Silence Legitimate Criticism  ||  SC: Statutory Corporation Can Deduct under S.36(1)(viii) Only for Income from Long-Term Finance  ||  NCLT Kolkata: Costs for Compromise or Arrangement Scheme not Part of Liquidation Expenses  ||  NCLT Ahmedabad: Complaints Against Auditors or Company Secretaries Not Grounds for Company Probe  ||  SC: NCLT Can Forfeit Entire Deposit if Purchaser Defaults on Payment for Liquidation Assets  ||  Meghalaya HC: Non-Signatory or Non-Existent LLP Cannot Claim Arbitration via Group of Companies    

SC Limits BCCI's Financial Powers, Asks Panel to Appoint Independent Auditor - (21 Oct 2016)

Supreme Court, while imposing limits on Board of Control for Cricket in India's (BCCI) financial powers, has said that, India’s cricket board will have to open up its accounts to an independent auditor that will also oversee award of contracts and rights worth hundreds of millions of dollars.

Tags : SUPREME COURT   BOARD OF CONTROL FOR CRICKET IN INDIA   BCCI   LODHA PANEL  

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