Observing that large public money was involved in working of the cricket body which requires checks and balances in its functioning, a Bench comprising Chief Justice B C Patel and Justice B D Ahmed asked them to exchange ideas on the issue and posted the matter for further hearing on May 21.
The court was hearing a Public Interest Litigation (PIL) filed in April 2000 seeking independent investigation into the functioning of BCCI and its accounts, alleging that the apex body of cricket in India and its member associations were functioning in an arbitrary and opaque manner.
The PIL filed by two cricket lovers, advocate Rahul Mehra and Shantanu Sharma had sought investigation into BCCI's account for the past five years from the date of filing the petition contending that the BCCI and its other member associations were functioning as private empires of some businessmen and traders, who have come to control and abuse cricket for their own interest and profit.
The PIL had alleged that BCCI and its member associations were acting contrary to the objectives for which they were created and the development and promotion of the game was suffering at the cost of board functionaries.
They had sought audit of the accounts of BCCI and other member association by Comptroller and Auditor General (CAG).