Actress-turned-businesswoman Shilpa Shetty, who's distressed after the termination of her IPL team Rajasthan Royals (RR), says she wants a fair and balanced hearing over the matter.

"It's been a very distressing time for us all at RR after all we've put in (passion n time), " Shilpa wrote on microblogging site Twitter Thursday.

"All we ask is for a fair and balanced hearing on issues raised, given the adverse national and international impact on 'Brand IPL' in the interests of fans and teams."

"Most importantly a transparent process and enquiry..allegation is that our ownership has changed since 2008. Thats Untrue, " she said.

"The only change to ownership was the introduction of my husband Raj Kundra, for which we had full BCCI permission and support at the time, " she added.

The IPL governing council (GC) terminated the contracts of Rajasthan Royals and Kings XI Punjab for violating the franchise pact. While Shilpa and her London-based husband Raj Kundra own Rajasthan Royals, actress Preity Zinta has a stake in Kings XI Punjab.

Shilpa had said at the time that she was "too shocked to react" to the termination.

"This is for all those who want my reaction 'Honestly too shocked to react, just disheartened... cause it's more than just a team for us! Still haven't received the termination, will react after. Need to know the basis of this decision.' In London now (sic), " Shilpa tweeted at the time.