BCCI President wields power to cancel requisitioned SGM

BCCI President wields power to cancel requisitioned SGM

Last Updated: Saturday, May 25, 2013, 18:51
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BCCI President wields power to cancel requisitioned SGMMumbai: There may be a big clamour to oust N Srinivasan through a Special General Meeting (SGM) following the arrest of his son-in-law Gurunath Meiyappan in the IPL betting charges, but such a meeting can be postponed or even stopped from taking place by the BCCI President.

The Board chief has been bestowed with powers to scuttle even a requisitioned SGM of the Board convened for this purpose, as per the Board`s Memorandum of Rules and Regulations.

An SGM can be requisitioned by not less than ten Full Members of the Board to transact a specific business.

Clause (vi) of Rule 17 of the BCCI Memorandum states: The President may at his discretion postpone or cancel the Special General Meeting or the Meeting of the Working Committee, Standing Committee or any other Committee.

An SGM can be convened by the secretary on a directive of the BCCI president, on a resolution of the Working Committee or on a requisition singed by not less than 10 Full Members specially stating the business to be transacted at such meeting, under clause (i) of Rule 17.

He has the power to shorten the notice period of such a meeting from the usual 21 days to 10 at his discretion by directing the secretary to do so, as per clause (iii) of the same Rule 17 about SGMs.

Also, no business other than the one for which the SGM has been called for, will be transacted at the meeting as per Rule 17.

PTI

First Published: Saturday, May 25, 2013, 18:51

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