Shah Rukh Khan in IPL scam soup?
Bollywood actor Shah Rukh Khan and his wife Gauri, who promote IPL franchise ‘Kolkata Knight Riders’, and Jaipur IPL Cricket that promotes ‘Rajasthan Royals’ have been issued show-cause notices for alleged violation of the Companies Act. The notices were issued to the companies and their promoters, directors for not filing mandatory annual returns.
After expiry of notice period, criminal proceedings will be filed against the companies and the directors, according to the Registrar of Companies (RoC), Mumbai.
The Ministry of Company Affairs (MCA) had directed the RoC to collect within a week all details on IPL franchisees, including the bidding process, sweat equity and memorandum of association.