BCCI Likely To Appeal As Court Asks Board To Pay Deccan Chargers Rs 4,800 Cror - watsupptoday.com
BCCI Likely To Appeal As Court Asks Board To Pay Deccan Chargers Rs 4,800 Cror
Posted 18 Jul 2020 11:41 AM

After a major boost when the Board of Control for Cricket in India (BCCI) won a legal battle against World Sports Group (WSG), it has suffered a blow as Bombay High Court appointed arbitrator passed an award in favour of now defunct IPL side Deccan Chargers which may see the Indian board having to shell out Rs 4800 crore to Deccan Chronicle Holdings (DCHL).

Speaking to IANS, a BCCI official said that the turn of events was surprising, but a final decision will be made only after going through the complete order. An appeal though is on the cards from the board against the award. "To be honest it has come as a surprise and it would be fascinating to see what the Ld. Arbitrator has relied upon and one can only make a proper assessment only upon reading the order but you can be sure that the BCCI would go in appeal against this award since it does have a very good case," he pointed.

The IPL Governing Council had terminated DC in 2012 and the Hyderabad franchise had challenged the �illegal termination'. To go back to the case, Deccan Chargers had approached the Bombay HC and with an eye on the IPL franchise agreement, the process of arbitration started with Justice (retd) C.K. Thakar as the sole abitrator. DCHL had claimed damages of Rs 6046 crore plus interest and charges as per reports.

The BCCI had obviously brought in it's own reasoning to the whole decision behind the termination and made its own claim.

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