A Bombay court has ordered the Board of Control for Cricket in India (BCCI) to pay more than USD 640 million to former Indian Premier League (IPL) franchise Deccan Chargers as they won the wrongful termination case. The Deccan Chargers, who were owned by the Deccan Chronicle newspaper group, were kicked out of the IPL roster in 2012 by the BCCI for financial breaches.
However, BCCI arrived at the decision a day before the team’s deadline to settle matters. Explaining the same, a legal representative of the Deccan Chronicle while talking to AFP said the Bombay High Court ruled on Friday that the termination was illegal and premature.
The anonymous legal representatives of the newspaper group, said, “They have been directed to pay 48 billion rupees ($640 million) plus taxes which might amount to about 80 billion.”
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On the other hand, as per the quotes in Economic Times, Hemang Amin, the interim chief executive of the BCCI said, “We haven’t received the judgment copy yet, only after reading we will decide next plan of action.”
Another franchise, Kochi Tuskers Kerala, had also won a similar wrongful termination case against the BCCI and the board was ordered to pay ₹850 crores as compensation but both the parties have looked to settle the matter without much success.
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According to the recent reports, preparations have already been started in UAE for training sessions for hosting the Indian Premier League (IPL) 2020. The rumors making rounds regarding the circumstances of a possible happening of the IPL have maybe come to an end. The upcoming edition of the cash-rich league is all set to be held in the United Arab Emirates (UAE).