Registrar Cooperative societies, R D Nazeem said that he had heard the written and oral arguments and would pass the necessary orders.
The Registrar had served a show cause notice on the HPCA asking it to explain that how the HPCA registered under Societies Act had been converted into a company.
The HPCA challenged the show cause notice in the High Court, which directed it to appear before the Registrar for deciding the issue of Jurisdiction.
The HPCA strongly justified its action of converting Society into a non-profit company nearly a year back, after having taken permission of the BCCI.
Appearing for the HPCA, R K Bawa, a former Advocate General and Vikrant Thakur, advocate asserted that before converting it into a company, the cricket body had informed the registrar about resolution passed by the body on September 22, 2012.
However, there was no mention whether the Registrar had approved the proposal of HPCA to convert the society into a Company.
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
