On wednesday
BCCI Asked To Pay Rs 538 Cr In IPL's Kochi Franchise Case
The court has rejected BCCI's suit challenging the arbitral ruling in the long-standing IPL franchise controversy, which has been going on for over a decade. Despite multiple attempts, BCCI officials remained unavailable for comment on the matter.
The BCCI had terminated the Kochi franchise in 2011 after one season, accusing the team of a contract breach after failing to submit a bank guarantee on time, which was required under the agreement. The franchise was unable to make its payments to BCCI because of a falling out between the owners.
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- 06 Feb 2021 04:31