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HC junks BCCI plea against Kochi Tuskers' arbitral award
Business Standard
|June 19, 2025
The Bombay High Court (HC) has dismissed the appeal of the Board of Control for Cricket in India (BCCI) challenging over ₹538 crore arbitral awards in favour of the now-defunct Indian Premier League (IPL) franchise Kochi Tuskers.
The court directed the Indian cricket board to pay ₹385.50 crore to Kochi Cricket Private Limited (KCPL) and ₹153.34 crore to Rendezvous Sports World (RSW), the consortium under which the Kochi Tuskers participated in the 2011 season, the only time it ever took part in the IPL.
The BCCI had terminated the team's contract the following year after allegations of breach of the franchise agreement. Following the termination of their contract, RSW and KCPL began arbitration proceedings against BCCI for "wrongful" termination.
यह कहानी Business Standard के June 19, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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