New Delhi, July 11 (IANS): The Supreme Court appointed Justice Lodha Committee is all set to render its verdict and announce the quantum of punishment for Gurunath Meiyappan and Raj Kundra and their respective Indian Premier League (IPL) franchises vis-a-vis the spot fixing and betting scandal that rocked the Twenty20 tournament in 2013.

Chennai Super Kings (CSK) team official Meiyappan and Rajasthan Royals co-owner Kundra were found guilty of betting in the 2013 edition of the Twenty20 cricket tournament. Sources said that the verdict of the committee will be rendered here on July 14.

The Supreme Court on January 22 had set up the committee comprising former Chief Justice of India R.M. Lodha, former Justice Ashok Bhan and former Justice R. Raveendran to determine appropriate punishments for Meiyappan, Kundra and their respective franchises.

In March, the panel had also issued showcause notices to Meiyappan and Kundra seeking their reply on the quantum of punishment.

Meiyappan is the son-in-law of former Board of Control for Cricket in India (BCCI) president and current International Cricket Council (ICC) chairman N. Srinivasan.