MCA blamed its financial troubles on non-receipt of payments from the Board of Control for Cricket in India for the last 10 months.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
Bankers have been criticised for not passing the benefits of rate cuts
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors