financetom
News
financetom
/
News
/
Supreme Court approves December 10 deadline for Indian Olympic Association polls
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Supreme Court approves December 10 deadline for Indian Olympic Association polls
Nov 3, 2022 10:11 AM

The Supreme Court on Thursday approved a fresh timeline submitted by retired Justice L Nageshwara Rao for holding the Indian Olympic Association (IOA) executive committee elections in a special hearing on Thursday, November 3.

A bench comprising Chief Justice of India DY Chandrachud and Justice Hima Kohli has given the go-ahead for the elections to be held on December 10 and also permitted distribution of the draft constitution among IOA members, allowing it to be adopted at the Annual General Body (AGM) meeting slated for November 10.

As per the rules, the resolution to be discussed will have to be circulated among the members seven days ahead of the AGM — that's today.

Also Read

| Fake fielding row explained: Why is Virat Kohli being accused of unfair play by Bangladesh fans and what does the law say?

Solicitor General Tushar Mehta also informed the bench that Justice Rao had taken everyone on board, including the International Olympuc Committee (IOC), before finalising the draft amended constitution.

In September the IOC had issued a ‘final warning’ to the IOA to conduct its elections at the earliest or face a suspension, giving the national body time until December 2022. The IOA’s elections were originally meant to be held in December 2021 but was delayed by a governance crisis.

This led to the appointment of Justice Rao by the Supreme Court in September to lead the task of amending the Constitution of IOA and resolving its governance issues, failing which the world sports body would ban the IOA.

In Pics | IND vs BAN Highlights: Kohli, Rahul shine with fifties as India beat Bangladesh by 5 runs on DLS method

The SC has now also restrained the courts across the country from entertaining any petition with regard to the draft constitution or the proposed executive committee elections, and said all such petitions will be taken up by it directly.

The bench fixed Rs 20 lakh remuneration to Justice Rao for undertaking a comprehensive exercise of preparing the draft constitution, and said he will also chalk out the modalities for circulation of the draft constitution among members of the IOA.

“The Solicitor General has stated that Justice Nageswara Rao has indicated that he would perform the task which has been assigned by this court pro bono. The Solicitor General fairly states that having regard to the magnitude of the task and the efforts which have been put in, it would be appropriate if an honorarium is paid to the judge," stated the SC bench.

(With PTI inputs)

First Published:Nov 3, 2022 6:11 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gold Price Coils Further, Silver Hits a Multi
Gold Price Coils Further, Silver Hits a Multi
Mar 14, 2024
Gold Price Coils Further, Silver Hits a Multi-Week High Gold is seemingly putting together a bullish pennant on the daily chart, while silver looks to push further ahead after Wednesday’s break of resistance. Gold (XAU/USD) Price Analysis and Chart Gold trading on either side of $2,165/oz. but a break may be near.Silver prints a fresh three-month high.Most Read: Euro Slides...
Japanese Yen Slips A Little, But BoJ Policy Hopes Still Lend Support
Japanese Yen Slips A Little, But BoJ Policy Hopes Still Lend Support
Mar 14, 2024
Japanese Yen (USD/JPY) Price and Charts USD/JPY ticks up againHowever it remains close to two months lowsNext week’s BoJ policy meet could provide some unusual excitementLearn how to trade USD/JPY with our free guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen drifted lower against the United States Dollar on Thursday but remains close to two-month highs...
Asian Indices Hold Support on Dovish Fed Remarks: Hang Seng, Kospi, Topix Setups
Asian Indices Hold Support on Dovish Fed Remarks: Hang Seng, Kospi, Topix Setups
Mar 13, 2024
HANG SENG, KOSPI, TOPIX – Price Action:The Hang Seng Index, Kospi, and Topix have rebounded from key support despite the latest escalation in geopolitical tensions.Hang Seng has some tough hurdles to clear before the weak outlook changes.What is the outlook and the key levels to watch in select Asian indices?- Elevate your trading skills and gain a competitive edge. Get...
EUR/USD Stumbles as ECB Official Calls for Two Rate Cuts Before the Summer
EUR/USD Stumbles as ECB Official Calls for Two Rate Cuts Before the Summer
Mar 14, 2024
EUR/USD News and Analysis ECB member favours multiple rate cuts ahead of the summerEUR/USD flirts with familiar zone of resistanceMore ECB speakers scheduled today as event risk quietens downThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow How to Trade EUR/USD...
Copyright 2023-2026 - www.financetom.com All Rights Reserved