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BCCI asked to pay ₹4800 crore for terminating Deccan Chargers in 2012

Jul 17, 2020 19:06 IST

The BCCI has been directed to pay a total of Rs 4,800 crore to Deccan Chargers after the court-appointed arbitrator passed the judgement in favour of the owner of the franchise, Deccan Chronicle Holdings. The case dates back to 2012, when the Hyderabad based franchise, which was one of the initial 8 teams of the Indian Premier League was terminated by the BCCI following an emergency meeting of the league’s governing council. Deccan Chargers owners however had challenged the alleged illegal termination and moved the Bombay high court back then. The Indian board is now expected to challenge the decision. 

 

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