'Shocked' Kundra to seek legal help after ban

Shocked by BCCI's decision to terminate the franchise agreement of Rajasthan Royals, co-owner Raj Kundra said that he is not sure how the fourth edition of IPL will be held under the current circumstances.

"I am quite shocked about the developments. I don't know how the IPL IV will be held if the BCCI starts treating teams in this manner. I am not in a position to make any further comments until I receive a formal copy of the termination agreement. Obviously, I will be seeking legal opinion in this matter," Kundra was quoted as saying by a television channel, on Sunday.

When BCCI president Sashank Manohar was told about Kundra's intent, he replied, "It's his choice."

Kundra also said, "I am still not sure on what basis they have terminated the agreement. As far as my knowledge goes, we have ensured that everything is place. We intimated the BCCI about the necessary information regarding the ownership and shareholding patterns. But I guess the BCCI isn't really satisfied with it."