SC approves handsome remuneration for CoA members; BCCI to pay
MUMBAI: The Supreme Court, on Tuesday, approved remuneration for the Committee of Administrators -- past and present -- on a pro-rata basis, directing that payments should be released to the Vinod Rai-led committee within the next 48 hours.
The court had directed that the BCCI shall bear all costs and expenses that may be undertaken by CoA, including costs towards the present proceedings that may be initiated against them.
The CoA members will now be paid Rs 10 lac per month for 11 months in 2017, Rs 11 lac per month for 12 months in 2018 and Rs 12 lac per month for 10 months in 2019.
Rai and his colleague, Diana Edulji, are the only two CoA members who will walk away with the full remuneration.
Their past colleagues in the CoA, banker Vikram Limaye -- who had resigned after he joined the National Stock Exchange (NSE); and historian Ramchandra Guha -- who quit citing his own reasons about how cricket was being run in the country, will be paid on pro-rata for services rendered.
CoA's latest member, Lt Gen Ravi Thodge, will be paid for the number of months he has been on board.
Effectively, Rai and Edulji, who spent most part of their tenure being at crossroads with each other, will be paid around Rs 3.5 crore.
The proposal for remuneration was signed by the CEO and presented in the SC by the Amicus Curiae and has been approved.
Further, the SC has said that "the purpose and object for appointing the CoA will end upon the assumption of charge by the elected body. In the circumstance we pass following orders: * CoA will demit office; * They shall stand discharged of all their obligations; * The commitee and officers who have carried out the directions of the CoA shall also be immune, while acting as such, from action in respect of any act performed by them as CoA in good faith; * No proceedings shall be initiated without leave of the court".