The Heavy Engineering Corporation (HEC) today said it terminated the land lease agreement with the Jharkhand State Cricket Association on July 4 following the latter's "violation of terms and conditions".
Even though the JSCA has termed the cited violations as 'false', HEC insists that the state association did flout the agreement terms.
"Many terms and conditions as stipulated in the agreement are not being followed by JSCA. HEC (lessor) pointed out these lapses on many occasions to JSCA but it never paid any heed to the submissions," an HEC release said.
Finally, a letter No. 124 dated July 4 this year has been issued terminating the Lease Agreement between HEC Ltd and JSCA, said the release.
It added that the JSCA provided "some sketchy" information on July 10 on the matter, after the termination letter was issued.
The central PSU last week asked the JSCA to vacate the premises on which the JSCA stadium was founded in 2008, and hand over the premises.
Among the several points the HEC listed in support of its termination of the 30-year lease period, the release alleged that as per the agreement the premises was to be issued only for the purpose specified, but the complex was being used for commercial purpose.
The JSCA also violated the conditions of sharing five per cent of the net ticket sales with HEC, displaying HEC's at prominent places inside and outside the stadium and elevating HEC Chairman-cum-Managing Director as patron of JSCA, the HEC alleged.
