Corporate Affairs Minister Salman Khurshid today said the Registrar of Companies has to judge if Rendezvous Sports had violated any procedures in its foray into the Indian Premier League cricket.

“That is not for me to judge. If there are any violations, these are to be judged by the Registrar of Companies as they are the ones who monitor companies and it is their jurisdiction,” Khurshid told reporters here.

He was asked whether there was any violation of rules and procedures by Rendezvous Sports Company in their bid for the Kochi IPL team.

Khurshid said if any violation comes to their (RoC) notice, “they ask questions and refer to us if necessary”.

“There are regulators for everything. We come into the picture only when regulators tell us something. When a filing takes place and we find there is any deficiency in it,” Khurshid said when asked about any probe in the IPL issue.

He rejected suggestions of a suo-motu action by his Ministry into the affairs of the IPL.

“Why should there be any suo-motu action from the Ministry. There are regulators for everything … And if they want to refer something to us, we will look at it.

“For us we look only at the filing and the appropriate dates of filing and if we find any deficiency in filing, then only we take action,” Khurshid said.

More Under Company Law


  1. Tuydib says:

    The Hon’ble Minister is too naive, innocent and honest, coming as he does from a truely aristrocratic and blue-blood family and thus does not know that the ROC’s offices are filthily and nakedly corrupt and even shameless. They pay heavily for appointments/transpers/choice postings to the mandarins in the Hon’ble Minister’s office/ministry-and ever since the institution has come into being. Will a true gentleman like Mr. Salman Khurshid be really able to ensure integrity of the ROCs/their officers/staff/agents?

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

September 2021