Sreesanth life ban revoked, Supreme Court asks BCCI to revisit quantum of punishment

first_img India Today Web Desk New DelhiMarch 15, 2019UPDATED: March 15, 2019 11:35 IST Superme Court revoked the life ban imposed by BCCI on S Sreesanth (Reuters Photo)HIGHLIGHTSThe Sumpreme Court set aside Sreesanth’s life ban for his alleged involvement in IPL spot-fixing scandalSumpreme Court told BCCI disciplinary committee to reconsider quantum of punishment within three monthsThe apex court made it clear that Sreesanth will get the opportunity of being heardIn a huge relief for S Sreesanth, the Superme Court on Friday revoked the life ban imposed on the cricketer by the Board of Control for Cricket in India (BCCI) and asked the board to decide afresh on the point of quantum of punishment given to him within 3 months.A bench of the Supreme Court, headed by Justice Ashok Bhushan, asked the BCCI to reconsider its order of life ban imposed on Sreesanth following the spot-fixing scandal that rocked the Indian Premier League in 2013.The apex court also said that its verdict shall have no effect on the criminal proceedings pending against the cricketer in the Delhi High Court, where the Delhi Police has challenged a trial court’s order discharging all accused, including Sreesanth, in the IPL spot-fixing case.The bench passed this order on Sreesanth’s plea challenging the decision of a division bench of the Kerala High Court which had restored the life ban imposed on him by the BCCI.Last month, Sreesanth told the Supreme Court that he had “stubbornly” refused to be involved in match-fixing during 2013 IPL and referred to the transcript of the recorded conversation to back his assertion.Relief for Sreesanth: SC revokes life ban imposed by BCCI #ITVideoMore videos: https://t.co/NounxnP7mg pic.twitter.com/vlnUgRvJBOIndia Today (@IndiaToday) March 15, 2019Referring to the transcript of the recorded telephonic conversation, which says that “I am stubborn and nothing will happen”, the former cricketer challenging the lifetime ban on him from playing cricket told the bench of Justice Ashok Bhushan and Justice K.M. Joseph that the material relied on by the BCCI to hold him guilty was not given to him.advertisementThe former cricketer, who was banned for life for his alleged involvement in spot-fixing during 2013 IPL, had told the court in the last hearing on January 30 that the bookie tried to drag him into spot-fixing but he did not fall for it.As senior counsel, Salman Khurshid, appearing for Sreesanth, told the bench that the report of the preliminary inquiry was not given to him, the court said that he had the report which he got from other sources.Khurshid said that he had the report but he was not told by the Board of Control for Cricket in India (BCCI) which part of the report the apex cricketing body was going to rely on against him.The court was told that at no stage the BCCI had asked him what he had to say about the alleged material including the offer of Rs 10 lakh being cited against him.Questioning the material that was relied on against him, Sreesanth told the court: “I was charged with the most serious offence. I was convicted of the most serious offence but the standard of proof is that of the least serious offence.”Also Read | Slapping Sreesanth was a mistake, should never have done that: Harbhajan SinghAlso Read | Supreme Court asks why Sreesanth didn’t inform BCCI about being approached for spot-fixingAlso Read | The rise and fall of SreesanthFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Tags :Follow SreesanthFollow Sreesanth banned for lifeFollow BCCIFollow S. SreesanthFollow CricketFollow Board of Control for Cricket in IndiaFollow Supreme Court of IndiaFollow Indian Premier LeagueFollow Spot fixingFollow Spot fixing in IPL Sreesanth life ban revoked, Supreme Court asks BCCI to revisit quantum of punishmentThe Supreme Court asked the Board of Control for Cricket in India to reconsider its order of life ban on cricketer S Sreesanth.advertisementlast_img read more

Canadian consumer debt expected to rise 4 to record 28853 next year

TORONTO, Ontario — Canadians will ramp up their record levels of debt in 2014, says one of the country’s leading rating agencies.Credit-monitoring agency TransUnion predicts in its first such annual forecast that the average consumer’s total non-mortgage debt will hit an all-time high of $28,853 by the end of 2014.That would be about $1,100 more than the $27,743 of debt consumers are expected to have at the end of this year.TransUnion says car loans are expected to drive the increase in such debt, which also includes credit card debt, lines of credit, student loans and the like.On the plus side, the credit-monitoring agency says it expects loan delinquency rates to continue to decline in the coming year, falling to 1.66 per cent at the end of 2014 compared with 1.76 per cent forecast for the fourth quarter of this yearBoth figures are down from 1.93 per cent in 2012 and 2.87 per cent in 2009.“The average Canadian consumer’s total debt is expected to rise by four per cent in 2014, which would be more than $4,500 higher than what we had observed five years earlier in 2009,” Thomas Higgins, TransUnion’s vice-president of analytics and decision services, said in the report.Higgins noted that while the 2014 increase is much greater than the expected one per cent rise in 2013, it is in line with consumer debt growth of recent years.“In recent years, the increase in auto sales has helped propel the total debt number and we believe auto captive loans will once again be a driver of this increase in 2014,” he said.“Instalment loans also have played a major role and we don’t expect there to be a material change in this trend,” he added.While TransUnion expects delinquency levels to drop next year and remain significantly lower than just a few years ago, “there is a slight concern that delinquencies could rise once interest rates increase,” Higgins said.However, he added that at this time “we do not believe interest rates will rise enough to materially impact delinquency levels.” read more