Double-lepton polarization asymmetries in the (B -> K l^+ l^-) decay beyond the Standard Model

General expressions for the double-lepton polarizations in the (B -> K l^+ l^-) decay are obtained, using model independent effective Hamiltonian, including all possible interactions. Correlations between the averaged double-lepton polarization asymmetries and the branching ratio, as well as, the averaged single-lepton polarization asymmetry are studied. It is observed that, study of the double-lepton polarization asymmetries can serve as a good test for establishing new physics beyond the Standard Model.