Govt directs RoCs to collect details on IPL franchises

New Delhi, April 20: Government today directed the Registrar of Companies (RoCs) to collect all details on IPL franchises, the bidding process and the sweat equity even as Minister for Corporate Affairs Salman Khurshid said his ministry would not like to “rush in” with an inquiry which looks “untidy”.

“I only know what the Finance Minister said in Parliament that he will ensure action against everybody, who has committed any wrong in the matter, and get the matter thoroughly investigated by concerned agencies. If something comes out from this action, which has any relation to company affairs, then it will come to us and we will take whatever action that is required only then,” he said.

Khurshid said “we can’t just make a roaming inquiry that looks untidy … (We) can’t rush in … The FM has made it clear that a transparent inquiry will be done.

–Agencies