Bansal's faction move court as Chauhan group suspends him

Don't want to miss the best from Business Standard?

The all-powerful executive committee of the Delhi and Districts Cricket Association (DDCA) decided to suspend its president Sneh Bansal on "allegations of misappropriation and siphoning off funds".
Stripped off his powers, Bansal, who is currently a BCCI vice-president has decided to move court.
Bansal has moved court terming that it is an "illegal resolution passed by some of the Executive Members led by Ravinder Manchanda and Chetan Chauhan, whereby the elected President and General Secretary of the DDCA were illegally stripped of their powers in violation of the Company law and also the Memorandum of the DDCA."
DDCA's acting head Chetan Chauhan and his faction had formed a four-member fact-finding committee chaired by Sunil Jain along with Siddharth Verma, Salil Seth and Vinod Garg to look into the alleged misappropriation.

"We have decided that we will be locking Sneh Bansal's cabin at the Kotla and also be taking a decision on whether to disband his DDCA membership. He won't be allowed to enter the office premises," Chauhan told the mediapersons today.
Treasurer Manchanda told reporters,"The report that has been tabled by the Fact Finding Committee of the DDCA has found out that on January 30th, an amount of Rs 53 lakh was transferred through RTGS to Maple Infratech. When we further tracked, it was found that the same money next day was transferred to one Ratan Industries. Now Ratan Industries is Mr Sneh Bansal's own company."

"Similarly, on February 3, an amount of Rs 44 lakh was transferred via RTGS to Shri Ram Tradecom and then transferred to Ratan Industries. We have all the required documents and we are still discussing whether there is a need to file criminal complaint against Bansal," Manchanda said.