Disputes erupt inside Punjab Kings camp as Preity Zinta takes legal action against co-owner

Tensions are rising within the Punjab Kings camp as co-owner Preity Zinta has taken legal action against fellow co-owner Mohit Burman. Reports suggest that Zinta has issued a restraining order against Burman, preventing him from selling a portion of his shares in the franchise.

According to media reports, Zinta has filed an appeal in the Chandigarh High Court, seeking to stop Burman from selling 11.5 percent of his shares to an unnamed party. Zinta holds a 23 percent share in the franchise through KPH Dream Cricket Private Limited, while Burman owns 48 percent. The remaining shares are divided between Ness Wadia and Karan Paul.

Burman has denied any plans to sell his shares, telling a media outlet, "I don't have any plans to sell my shares."

The legal dispute involves a petition filed by Zinta under Section 9 of the Arbitration and Conciliation Act-1996, requesting interim measures due to the ongoing disagreements with Burman. Zinta's petition argues that Burman, as a major shareholder and board member, should not sell his stake without offering it to the existing promoters first.

The case is set to be heard on August 20, but neither Zinta nor Wadia has commented further on the situation. 

Off the field, the Punjab Kings are also struggling with their performance in the league. The team has had inconsistent results, reaching the final and semifinal only once since the league’s inception. With Trevor Bayliss's coaching tenure possibly coming to an end, the franchise is reportedly seeking an Indian coach ahead of the upcoming auction.