The government today informed the Lok Sabha that the investigation into the sources and routes of funding for the IPL had already begun and no guilty will be spared.<br/><br/>Finance Minister Pranab Mukherjee made a statement in the House assuring members that appropriate action as per law will be taken if any wrong doing was found in the manner the IPL was funded.<br/><br/>The assurance came in response to Opposition parties training their guns on Indian Premier League after forcing exit of Shashi Tharoor from the ministry.<br/><br/>As soon as the House met for the day, the non-UPA members mounted an attack on IPL, demanding its ban and sought a Joint Parliamentary Committee probe into its source of funds.<br/><br/>Left parties, BJP, RJD, SP, JD (U) and BSP raised the issue in the Lok Sabha and demanded that IPL be taken over by the government.<br/><br/>The Left members alleged betting and laundering of black money through IPL. Mulayam Singh Yadav of SP demanded ban on cricket and asked for promoting national games.<br/><br/>RJD's Lalu Prasad wanted the government to take over the IPL and the BCCI. He alleged that IPL tournament involved black money. Sharad Yadav of JDU said, the moot question is the IPL and not Tharoor.<br/><br/>Later in the Zero Hour, CPI leader Gurudas Dasgupta alleged that the game involves laundering of black money and white-washing of black money. He demanded that IPL should be banned and JPC probe ordered to find out where the money is coming from.<br/><br/>In a related development, Corporate Affairs Minister Salman Khurshid today said the Registrar of Companies has to judge if Rendezvous Sports had violated any procedures in its foray into the IPL cricket.<br/><br/>On IPL funding, Mr Khurshid said if any violation comes to the notice of Registrar of Companies, they ask questions and refer to the Ministry if necessary. He rejected suggestions of a suo-motu action by his Ministry into the affairs of the IPL.<br/><br/>Meanwhile, the embattled IPL Commissioner Lalit Modi today rubbished allegations of betting and money laundering in the event and threatened to take legal action against the newspaper which has made the accusations.<br/><br/>Modi, who is in Dubai to attend the ICC's Executive Board meeting on behalf of BCCI President Shashank Manohar, said the charges are nonsense and aimed at discrediting the Twenty20 tournament. Modi wrote on his Twitter page insisting that the IPL is a clean tournament as it is being watched by the ICC's Anti-Corruption Unit.<br/><br/>To deliberate on these issues, the Cricket Board, BCCI has rescheduled its working Committee meeting from April 24 to May 2.<br/><br/>In the high-profile meeting, allegations against Lalit Modi and all other issues related to the Kochi franchise bid will come up for discussion.<br/><br/>The working committee meeting will be preceded by the Indian Premier League's Governing Council meeting to be held just after the event ends on April 25.<br/><br/>BCCI's Media and Finance Committee chairman Rajiv Shukla told reporters in New Delhi that working Committee meeting has been postponed because all things have to be discussed in the Governing Council meeting first.<br/><br/>In a related matter, the Delhi High Court today refused to entertain a plea seeking a CBI probe into former Union Minister Shashi Tharoor's alleged proxy stake in the Kochi IPL franchisee.<br/><br/>A bench headed by acting Chief Justice Madan B Lokur dismissed a petition filed by an advocate, saying there is no merit in the case.