Rendezvous Sports World threatens to sue Modi

The Indian Premier League's new franchise Rendezvous Sports World (RSW) has threatened to sue IPL commissioner Lalit Modi for breaking the confidentiality terms.

Modi, who is an avid user of the micro-blogging website Twitter, disclosed the details of the stakeholders in the new Kochi team through his tweets.

Modi disclosed the names of the free equity holders in Rendezvous, a move which put Minister of State for External Affairs Shashi Tharoor in a fix, as Sunanda Pushkar, the lady whom he is reportedly planning to marry, figured in the list.

Rendezvous coughed up approximately Rs 1533 crore to bag the Kochi franchise.

Modi wrote on his Twitter page that the free equity holders in RSW include Kisan, Shailender and Pushpa Gaikwad, Sunanda Pushkar, Puja Gulati, Jayant Kotalwar, Vishnu Prasad and Sundip Agarwal.

"A lot of you are asking about shareholders and events surrounding the Kochi team. I am compiling a note shortly and will put an official release soon," Modi wrote.

Irked by Modi's revelations, Rendezvous has threatened to send a legal notice to Modi and accused him of breaking the confidentiality terms.

A complaint has also been made to BCCI president Shashank Manohar in this regard.