No interim injunction to restrain CCL,Hyd in conducting League

Madras High Court today refused to grant any interim injunction on a prayer from two private TV media houses to restrain Celebrity Cricket League Limited, Hyderabad, from conducting the CCL or organising any similar sporting event.
Justice S Manikumar, who heard two applications by Vijay Television Private Limited and Asianet Communications Private Limited, Mumbai, seeking the interim injunction, pending disposal of arbitral proceedings, refused to grant any interim injunction.
He directed Karbonn Mobiles India Private Limited, New Delhi, garnishee, in all applications, to deposit Rs 67,10,906 as Fixed Deposit in the HC branch of Indian Bank with maximum interest without lien, one week before the final scheduled on February 13, 2016, to the credit of Vijay Television and Asianet.

The matter pertains to dues to be paid by CCL under the Broadcasting and Telecasting Rights Agreement between the above with CCL with regard to the edition of 2014 CCL.
Both media houses had moved HC to restrain CCL from holding the event, which will get underway tomorrow at Hyderabad.
The judge also appointed retired Judge Justice K Mohan Ram, Madras High Court, as arbitrator.
He said that taking note of events scheduled tomorrow, the prayer sought for in all applications, 'stated supra' and considering the balance of convenience, likelihood of loss to be suffered, the Court felt that in the interest of justice, it would be appropriate to direct Karbonn Mobiles to deposit Rs 67,10,906 in Indian Bank HC branch here in FD with maximum interest without lien, one week before the final match scheduled on February 13, to the credit of the applicants.