Sports

BCCI Wins Legal Battle Against Deccan Chargers

Published by

In what comes as a major set back to the beleaguered Deccan Chronicle Holdings (DCHL), the Bombay High Court has decided in favour of the Board of Control for Cricket in India (BCCI). Thus, the BCCI has won the legal battle against the former IPL franchise Deccan Charges.

Speaking to media, a BCCI official in the know of developments said it was a welcome decision. “We are extremely happy with the development. It has vindicated our position as we had always followed what was in the agreement,” the official said. To go back to the case, the IPL Governing Council had terminated Deccan Chargers in 2012 and the franchise had challenged the termination.

They had approached the Bombay HC and the process of arbitration started with Justice (retd) C.K. Thakar as the sole arbitrator and BCCI was ordered to shell out Rs 4800 crore to DCHL in July 2020. This after DCHL had claimed damages of Rs 6046 crore plus interest and charges as per reports.

While reacting to the development back in July 2020, a BCCI official had made it clear that an appeal was on the cards as the board strongly believed it had a very good case.

This post was last modified on 16 June 2021 12:18 pm

Share
Show comments

Recent Posts

‘Please Remove Jagan’s Photo’, Bharathi Faces A Shock

One of the most recent blunders of the YSR Congress government has been the imposition…

4 hours ago

Sajjala Not sparing Amit Shah Too

Finally, after a long wait, someone of substantial position from central BJP made their voice…

4 hours ago