On March 3, an Emergent General Body meeting here had decided to terminate Kumar and that decision was today ratified by 23 of the 29 state associations representatives who attended the SGM, according to Ram Avatar Singh Jakhar, secretary general of the VFI.
"The General Body today approved to 'terminate' President Avadhesh Kumar and his dismissal from the post of President was confirmed," said Jakhar.
He said Raj Kumar, a senior vice-president of the VFI, would be the interim chief till the new president is elected and the Executive Committee, which approved the decision, also convened the GB meeting on April 11 to elect VFI's new president.
Giving details of other decisions taken today, Jakhar said, "Baseline Ventures India Pvt.Ltd. Has been awarded the sponsorship of the Indian Volleyball League and the IVL Men and Women sections will be held in November this year with eight franchises.
"The IVL will be conducted by a Governing Council with eight members -- four from VFI and four from Baseline Company. The VFI would be paid Rs 3.5 crores non-refundable amount by Baseline and the profits from IVL would be shared 50-50 by the Federation and Baseline," he said.
As far as telecasting of IVL matches, the VFI has been in discussions with Star Sports, Sony and Ten Sports and the rights would be granted to any of these sports channels.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
