BCCI says Deccan Chargers players' dues have been paid

"The BCCI wishes to clarify that all players dues for the last season have been met in respect of players who represented Deccan Chargers in IPL 2012," Board Secretary Sanjay Jagdale said in a release.

He said that the termination of Deccan Chargers from the IPL stands after the Supreme Court today refused to stay termination of the team by the Board.

"The Hon'ble Supreme Court has dismissed the SLP filed by DCHL against the order of 18 October 2012 given by the Hon'ble Bombay High Court which set aside the status quo order of the Learned Arbitrator. Hence the termination of Deccan Chargers remains undisturbed," he said.

The Supreme Court today refused to stay termination of the Hyderabad team by the Indian cricket board from the cash-rich IPL, paving the way for filling its slot by fresh auction on October 25.

The apex court declined to interfere with yesterday's Bombay High Court decision which had set aside the status quo order passed by an arbitrator on cessation of its membership in the league.

A bench headed by Chief Justice Altamas Kabir dismissed the plea of Deccan Chronicles Holdings Limited (DCHL), promoter of Deccan Chargers, to extend the time till October 25 for furnishing the bank guarantee of Rs 100 crore.

It accepted the submission of the BCCI that the termination of contract between the Deccan Chargers and the Board has come to effect from October 12, the day the High Court had held that the arbitrator had no jurisdiction to grant status quo and declined to grant extension of time for furnishing the bank guarantee. MORE