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    Mar 2010


    Default Arrest warrants against Preity Zinta and Ness Wadia

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    Arrest warrants against Preity Zinta and Ness Wadia

    The co-owners of Indian Premier League franchise Kings XI Punjab Preity Zinta, Ness Wadia and Mohit Burman were plundered in great dilemma when the Registrar of Companies accused them of not filing returns. Reportedly, a local court has issued arrest warrants against the duo on Saturday.

    Earlier the Kings XI Punjab attempt to coax BCCI (Board of Control For Cricket in India) to transfer 93%of its share to a London based private equity firm ISIS went into vague as BCCI asserted it to be frivolous until investigations against suspended IPL chairman Lalit Modi have been concluded.

    It was also reported that Preity Zinta wanted to retain the remaining 7 per cent of the teamís stake as she wants to continue as KXIPís brand ambassador.

    Kings XI Punjab is the first team participating in IPL whose franchise is on the stake of sale. The pending BCCI decision on Lalit Modi is delaying a long-drawn-out plan by its owner to sell out.



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