India Cements has decided to move the Supreme Court against the Chennai Super Kings's suspension.
Justice Lodha Committee has suspended the two-time champions Chennai Super Kings and Rajasthan Royals from the Indian Premier League (IPL) for the next two years.
Following this decision, the India Cements management met after the verdict was announced and they decided to move the apex court, seeking to remove the two-year suspension.
The verdict was announced in New Delhi on Tuesday by Justice Lodha in front of the media. He also banned Gurunath Meiyappan and Raj Kundra from any kind of cricket activities for life before suspending their respective teams.
Meanwhile, Kundra, the former co-owner of Rajasthan Royals, have expressed his disappointment on the verdict on Twitter. He said that he is shocked and disappointed with the verdict.
Many inaccuracies...Have requested for a copy of the judgement- obviously very shocked and disappointed... #Faith
— Raj Kundra (@TheRajKundra) July 14, 2015
Justice Lodha told the media that Kundra forgot that betting is illegal in India unlike England. Thus he has caused harm to the image of BCCI and a tournament like IPL. Thus he will be suspended from participating in any cricket related activities in India for life.
This situation left the players of the franchises in doubt about their future. BCCI is yet to announce anything on this matter, but they will soon be holding a general body meeting. As there are big players involved with the two franchises including the likes of MS Dhoni, Steve Smith, Ajinkya Rahane and others, BCCI is expected to come up with a solution to this problem soon.