SC lifts all curbs on sponsor foreign transfers

New Delhi: Clearing the decks for smooth flow of money for staging of the mega event of cricket - 2003 World Cup at South Africa, the Supreme Court on Friday allowed major sponsors including LG Electronics India (LGEI) to remit foreign exchange (FOREX) for the tournament.

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HC blocks foreign exchange to ICC if India barred

New Delhi: Strengthening the Board of Control for Cricket in India's (BCCI) case, the Delhi High Court on Wednesday ruled that no foreign exchange would be allowed to go to the International Cricket Council, either in form of sponsorship money or as damages by BCCI, if India was debarred from playing in the World Cup.

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HC blocks foreign exchange to ICC if India barred

New Delhi: Strengthening the Board of Control for Cricket in India's (BCCI) case, the Delhi High Court on Wednesday ruled that no foreign exchange would be allowed to go to the International Cricket Council, either in form of sponsorship money or as damages by BCCI, if India was debarred from playing in the World Cup.

Find More Articles On: bcci | kapil dev | delhi high court | cricket | world cup | madan lal | international cricket council | jagmohan dalmiya | lg | public interest litigation | n k p salve | pepsi | participating nations agreement | foreign exchange | hero honda | reserve bank of india | sponsorship money | acting chief justice devinder gupta | justice b d ahmed | chief minister siddhartha shankar ray

Delhi court grants 'fix' accused MK bail in FERA case

New Delhi: Mukesh Kumar Gupta alias MK, the prime accused in the cricket match- fixing scandal was on Monday granted interim bail by a Delhi court in a FERA case, which related to alleged transfer of money abroad.

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