Preity Zinta took legal action against Mohit Burman: If you think that the drama in the game of cricket is only seen on the field, then you are wrong. Actually, there is turmoil these days among the owners of the Punjab Kings franchise. Bollywood actress Preity Zinta has dragged the team's co-owner Mohit Burman to court by filing a case against him, the reason behind which is surprising.
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Preity Zinta Files Case Against Team Co-owner Ahead of Mega Auction
- The report claims that Preity Zinta has filed an appeal in the Chandigarh High Court seeking to restrain co-owner Mohit Burman from selling a part of his shares to any other party. The report also states that Preity owns 23 percent of PBKS, while Mohit Burman has a 48 percent stake. Ness Wadia owns a 23 percent stake. The remaining shares are held by Karan Paul.
- The report further states that Preity Zinta's court appeal is about Burman's alleged plan to sell part of his shares. Burman has denied the speculation. "I have no plans to sell my shares," Burman told Cricbuzz. Officially, Punjab Kings have not said anything on the issue or issued any statement on the issue.
- According to a Tribune report, Preity Zinta said that Burman has around 48 per cent shareholding and is also on the board of directors. He has filed the petition under Section 9 of the Arbitration and Conciliation Act-1996, seeking interim measures and directions in view of the disputes and differences between him and the respondent Mohit Burman.
- The Cricbuzz report further claims that as per their arrangement a particular co-owner cannot sell his share to a third party without first offering it to his old co-owners. The shares can only be sold if the other co-owners refuse to buy the shares. Punjab Kings have not won the IPL yet.
- PBKS waiting for the first IPL Title: It is worth noting that the team of Punjab Kings has been a part of this mega league since the first season of IPL, but has not been able to win the title even once. Many legendary players have been a part of this team, yet the dream of the franchise to win its first trophy has not been fulfilled.
In its 17-year history, PBKS has managed to reach the final only once, but had to face defeat at the last stage. Such incidents have also raised concerns about the franchise's participation in the upcoming season.
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