LAHORE: The Lahore Excessive Courtroom has set Wednesday as the subsequent day of listening to within the case filed by all six franchises of the HBL Pakistan Super League (PSL) in opposition to the Pakistan Cricket Board (PCB) over some monetary points.
Justice Sajid Mahmood Sethi on Friday issued notices to all of the events for Wednesday listening to.
All of the franchises have been requested by the PCB to deposit the financial institution assure cash by Sept 25 (Friday) however the house owners have objected that first the PCB ought to introduce a brand new mannequin that it has devised for the PSL. The franchises are extra involved in assembly with the PCB to finalise the monetary mannequin which is pending for the final three years.
Moreover, the franchises even have issues that for the reason that accounts of the final version of the PSL-5 are nonetheless incomplete as a result of the remaining 4 matches are but to be held in November, they’re reluctant to deposit the financial institution assure cash at this stage.
In the meantime, franchises’ lawyer Salman Raja informed Daybreak that because the petition had been accepted, there can be no antagonistic motion the PCB would take in opposition to the franchises for not depositing the financial institution assure cash, the deadline for which handed on Friday.
PCB’s lawyer Taffazul Rizvi, although raised an objection with regard to the maintainability of the petition and in addition apprised the Justice that the PCB had twice this week invited the franchise house owners to satisfy and focus on the monetary mannequin for HBL PSL with a view in the direction of redressing grievances in good religion. Nonetheless, the honourable decide admitted the writ and summoned the discover to the get together for Wednesday.
Revealed in Daybreak, September 26th, 2020