09 October,2010 08:08 AM IST | | A Correspondent
BCCI President Shashank Manohar has summoned an emergency meeting of the Governing Council of the Indian Premier League (IPL) on Sunday to discuss appropriate action against the three IPL franchisesu00a0-- Kochi, Rajasthan Royals and Kings XI Punjab.
The three franchises were reportedly slapped show cause notices by the BCCI. Kochi gochi Kochi had been told to register under the Companies Act as soon as possible since the bid had been given to individuals and no legal entity had been incorporated.
Kochi's deadline to submit paperwork with regard to its franchise expires on Friday. Sources indicated that Kochi and Rajasthan may be barred from participating in IPL 4.
