Latest news with #KaranPaul
India.com
03-06-2025
- Business
- India.com
Meet PBKS co-owner Karan Paul, he is married to an Indian supermodel, her name is....
Punjab Kings is one of the few IPL teams that is known for its exciting cricketing style. Cricketers who have worn the jersey of this team over the years have included many legends like Yuvraj Singh, Kumar Sangakkara, Adam Gilchrist, Virender Sehwag, Glenn Maxwell, KL Rahul, Shikhar Dhawan and David Miller. In the 18th edition of IPL 2025, Punjab Kings, captained by Indian batsman Shreyas Iyer, have made it to the final for the second time. Earlier, the team lost the final to Kolkata Knight Riders in 2014. This time they are playing the title match against Virat Kohli-led Royal Challengers Bangalore. Punjab Kings' performance has seen tremendous improvement in the last few years, thanks to the team's owners—Preity Zinta, Mohit Burman, Ness Wadia and Karan Paul. According to reports, Mohit Burman is the largest shareholder, while Karan Paul has the least stake. Karan Paul is a well-known Indian businessman who has been a part of the executive committee of organizations like FICCI, CII, India Chamber of Commerce. In 2006, he was awarded Italy's high honor 'Order of the Star of Italian Solidarity'. Due to his love for cricket, Karan Paul invested in Punjab Kings in February 2008 and became a co-owner. He is also the chairman of Apeejay Surrendra Group, which operates in sectors like real estate, hospitality, shipping and tea industry. The group is 100 years old and was started by Lala Pyare Lal. Karan Paul married former supermodel Indrani Dasgupta in 2014, the same year Punjab Kings played the IPL final for the first time. The couple has two children—Kabir Anand Paul and Uma Kismat Paul.X
Economic Times
23-05-2025
- Business
- Economic Times
Preity Zinta sues her Punjab Kings' co-owners Ness Wadia and Mohit Burman; Here's why
Punjab Kings co-owner Preity Zinta has initiated legal proceedings against fellow co-directors Mohit Burman and Ness Wadia, contesting the legitimacy of an Extraordinary General Meeting (EGM) held on April 21 in a Chandigarh court, as per a report by TOI. The contention arises from alleged procedural violations during the meeting, particularly regarding the appointment of a new director for KPH Dream Cricket Private Limited, the entity that owns the IPL team Punjab Kings. Zinta claims that the EGM did not adhere to the necessary protocols established by the Companies Act, 2013, and other relevant secretarial regulations. She had previously raised concerns about the meeting in an email dated April 10, but asserts that her objections were disregarded, according to the report. Also Read: RCB eyes big boost as Josh Hazlewood likely to return for IPL playoffs Despite voicing her dissent during the meeting, where she was accompanied by director Karan Paul, both Zinta and Paul opposed the nomination of Muneesh Khanna as a new director. Nevertheless, Burman, with Wadia's backing, continued with the proceedings. In her legal filing, Zinta has sought a court declaration nullifying the meeting and preventing Khanna from assuming directorial responsibilities. She has also requested a halt to the execution of any decisions made during the meeting. Additionally, the lawsuit aims to restrict the company from conducting any board or general meetings without the presence of both Zinta and Karan Paul, as well as the exclusion of Muneesh Khanna, until the case is Punjab Kings during the IPL 2025 season has demonstrated remarkable performance. Also Read: IPL 2025 playoffs race is still on: Can Gujarat Titans still seal a top two spot despite defeat to LSG? Their chances explained Under the captaincy of Shreyas Iyer, Punjab Kings has qualified for the playoffs for the first time since 2014. Currently positioned third in the standings with 17 points from 12 matches, the team is vying for a top-two finish. Their upcoming league matches include clashes against Delhi Capitals in Jaipur on May 24 and Mumbai Indians on May 26. (With inputs from TOI)
Time of India
23-05-2025
- Business
- Time of India
Preity Zinta sues her Punjab Kings' co-owners Ness Wadia and Mohit Burman; Here's why
Punjab Kings co-owner Preity Zinta has initiated legal proceedings against fellow co-directors Mohit Burman and Ness Wadia, contesting the legitimacy of an Extraordinary General Meeting (EGM) held on April 21 in a Chandigarh court, as per a report by TOI. The contention arises from alleged procedural violations during the meeting, particularly regarding the appointment of a new director for KPH Dream Cricket Private Limited , the entity that owns the IPL team Punjab Kings. Zinta claims that the EGM did not adhere to the necessary protocols established by the Companies Act, 2013, and other relevant secretarial regulations. She had previously raised concerns about the meeting in an email dated April 10, but asserts that her objections were disregarded, according to the report. Also Read: RCB eyes big boost as Josh Hazlewood likely to return for IPL playoffs Despite voicing her dissent during the meeting, where she was accompanied by director Karan Paul, both Zinta and Paul opposed the nomination of Muneesh Khanna as a new director. Nevertheless, Burman, with Wadia's backing, continued with the proceedings. Live Events In her legal filing, Zinta has sought a court declaration nullifying the meeting and preventing Khanna from assuming directorial responsibilities. She has also requested a halt to the execution of any decisions made during the meeting. Additionally, the lawsuit aims to restrict the company from conducting any board or general meetings without the presence of both Zinta and Karan Paul, as well as the exclusion of Muneesh Khanna, until the case is resolved. Zinta's Punjab Kings during the IPL 2025 season has demonstrated remarkable performance. Also Read: IPL 2025 playoffs race is still on: Can Gujarat Titans still seal a top two spot despite defeat to LSG? Their chances explained Under the captaincy of Shreyas Iyer, Punjab Kings has qualified for the playoffs for the first time since 2014. Currently positioned third in the standings with 17 points from 12 matches, the team is vying for a top-two finish. Their upcoming league matches include clashes against Delhi Capitals in Jaipur on May 24 and Mumbai Indians on May 26.
