You are here: Home » PTI Stories » National » News
Business Standard

DDCA sees red after caterer given On-Stadia rights

Press Trust of India  |  New Delhi 

Controversies never seems to end for beleaguered & Districts Cricket Association (DDCA) as the nominated Tender Committee awarded In-Stadia rights (advertising of hoardings inside the ground) to a company that's primary business is catering.

In fact, DDCA treasurer Ravinder Manchanda admitted that due diligence that was needed to be followed was not done while awarding a contract to one Kohli Enterprises which would fetch DDCA Rs 2.17 crore.



In a desperate bid to control damage, DDCA senior vice president Chetan Chauhan along with treasurer Manchanda, director Siddharth Verma and Tender Committee member Subhas Sharma briefed the press on the matter.

"There were two bids for In Stadia rights, with Kohli Enterprise bidding at Rs 2.17 crore and Lokesh Sharma's ready to give Rs 2 crore. As per norm, we awarded it to Kohli Enterprises. But we made a mistake of not doing background check of a company that had zero capital," Manchanda said.

"We started getting jittery only in last few days when we saw that no work was in progress and neither was he giving us the said Rs 2.17 crore. We hauled him up and asked if he has got any experience in In Stadia business, he said "No" and told us that he ran a catering business.

"We wanted to take away his rights but then he came alongside people and told us they would work together. Accordingly, we prepared a fresh contract and got it approved by Justice Mudgal. We have also received the money. I don't know why some members are trying to create controversy," Manchanda said.

The treasurer informed that BCCI has also allocated Rs 1.5 crore for organization of the match and will also clear Rs 12.5 crore that was awarded to DDCA for being best ground during last IPL.

It was learnt that 75 per cent tickets were already sold for this match.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

DDCA sees red after caterer given On-Stadia rights

Controversies never seems to end for beleaguered Delhi & Districts Cricket Association (DDCA) as the nominated Tender Committee awarded In-Stadia rights (advertising of hoardings inside the ground) to a company that's primary business is catering. In fact, DDCA treasurer Ravinder Manchanda admitted that due diligence that was needed to be followed was not done while awarding a contract to one Kohli Enterprises which would fetch DDCA Rs 2.17 crore. In a desperate bid to control damage, DDCA senior vice president Chetan Chauhan along with treasurer Manchanda, director Siddharth Verma and Tender Committee member Subhas Sharma briefed the press on the matter. "There were two bids for In Stadia rights, with Kohli Enterprise bidding at Rs 2.17 crore and Lokesh Sharma's TCM ready to give Rs 2 crore. As per norm, we awarded it to Kohli Enterprises. But we made a mistake of not doing background check of a company that had zero capital," Manchanda said. "We started ... Controversies never seems to end for beleaguered & Districts Cricket Association (DDCA) as the nominated Tender Committee awarded In-Stadia rights (advertising of hoardings inside the ground) to a company that's primary business is catering.

In fact, DDCA treasurer Ravinder Manchanda admitted that due diligence that was needed to be followed was not done while awarding a contract to one Kohli Enterprises which would fetch DDCA Rs 2.17 crore.

In a desperate bid to control damage, DDCA senior vice president Chetan Chauhan along with treasurer Manchanda, director Siddharth Verma and Tender Committee member Subhas Sharma briefed the press on the matter.

"There were two bids for In Stadia rights, with Kohli Enterprise bidding at Rs 2.17 crore and Lokesh Sharma's ready to give Rs 2 crore. As per norm, we awarded it to Kohli Enterprises. But we made a mistake of not doing background check of a company that had zero capital," Manchanda said.

"We started getting jittery only in last few days when we saw that no work was in progress and neither was he giving us the said Rs 2.17 crore. We hauled him up and asked if he has got any experience in In Stadia business, he said "No" and told us that he ran a catering business.

"We wanted to take away his rights but then he came alongside people and told us they would work together. Accordingly, we prepared a fresh contract and got it approved by Justice Mudgal. We have also received the money. I don't know why some members are trying to create controversy," Manchanda said.

The treasurer informed that BCCI has also allocated Rs 1.5 crore for organization of the match and will also clear Rs 12.5 crore that was awarded to DDCA for being best ground during last IPL.

It was learnt that 75 per cent tickets were already sold for this match.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

DDCA sees red after caterer given On-Stadia rights

Controversies never seems to end for beleaguered & Districts Cricket Association (DDCA) as the nominated Tender Committee awarded In-Stadia rights (advertising of hoardings inside the ground) to a company that's primary business is catering.

In fact, DDCA treasurer Ravinder Manchanda admitted that due diligence that was needed to be followed was not done while awarding a contract to one Kohli Enterprises which would fetch DDCA Rs 2.17 crore.

In a desperate bid to control damage, DDCA senior vice president Chetan Chauhan along with treasurer Manchanda, director Siddharth Verma and Tender Committee member Subhas Sharma briefed the press on the matter.

"There were two bids for In Stadia rights, with Kohli Enterprise bidding at Rs 2.17 crore and Lokesh Sharma's ready to give Rs 2 crore. As per norm, we awarded it to Kohli Enterprises. But we made a mistake of not doing background check of a company that had zero capital," Manchanda said.

"We started getting jittery only in last few days when we saw that no work was in progress and neither was he giving us the said Rs 2.17 crore. We hauled him up and asked if he has got any experience in In Stadia business, he said "No" and told us that he ran a catering business.

"We wanted to take away his rights but then he came alongside people and told us they would work together. Accordingly, we prepared a fresh contract and got it approved by Justice Mudgal. We have also received the money. I don't know why some members are trying to create controversy," Manchanda said.

The treasurer informed that BCCI has also allocated Rs 1.5 crore for organization of the match and will also clear Rs 12.5 crore that was awarded to DDCA for being best ground during last IPL.

It was learnt that 75 per cent tickets were already sold for this match.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard