The IOA went ahead and conducted its elections despite being suspended by the IOC and the world body has now even threatened legal action.
"The suspended Indian Olympic Association is no longer entitled to exercise any activity or right conferred upon it by the Olympic Charter or the IOC," the IOC Director General Christophe De Kepper said in a strongly-worded letter to the IOA.
"The IOC does not and will not recognise the so-called 'elections' which the suspended Indian Olympic Association decided to conduct in violation of the IOC directives. These so-called 'elections' are null and void and the so-called 'elected office-bearers' have no legitimacy to claim to represent or act on behalf of the suspended Indian Olympic Association in any capacity whatsoever," he added.
The IOC said that the "so-called elected office-bearers", including new President Abhay Singh Chautala and Secretary General Lalit Bhanot, will not have access to the IOA funds.
"...They are not entitled to access the suspended Indian Olympic Association's bank accounts and the funds of the Olympic Movement. The IOC reserves the right to take any legal action against any misuse of the remaining Olympic Movement funds which may still be available on the account of the suspended Indian Olympic Association," the letter said.
"There is no change concerning the current office-bearers of the suspended Indian Olympic Association, with Mr (Vijay Kumar) Malhotra as Acting President (provided he does not act against the IOC directives) and Mr Randhir Singh as Secretary General of the suspended Indian Olympic Association," the letter added.