Legal Prlnciple: Any institution or body can be a 'State' if it is created under the constitution or a statute; or if it is substantially financed by the Government; or the Government holds its share capital.Factual Situation: K approached the, High court by filing a writ petition against the Board for Control of Cricket in India (BCCI). The argument advanced was that BCCI is a 'State' within the meaning of Article 12 of the Constitution of India. The question is whether the argument is acceptable? (AILET 2016)Decision:

Each question consists of legal principle(s) (hereinafter referred to as 'principle') and facts. Such proposition may or may not be true in the real and legal sense, yet you have to conclusively assume them to be true for the purposes of this section. You have to apply the principles to the given facts to arrive at the most reasonable conclusion. Only one of the alternatives, i.e., (A), (B), (C), or (D) is the most reasonable conclusion. Remember: you must not rely on any principle except the principles that are given for every question.