"The ISL organising committee is in the process of studying the order pronounced by its five member eminent and independent regulatory commission headed by Hon'ble Mr Justice D A Mehta," the ISL said in a statement.
"We thank the jury for completing the hearing in less than five months, considering the delays caused due to several extensions sought by FC Goa," it added.
"ISL stands committed to upholding the true spirit of the beautiful game and the fans' interest first. ISL will continue to invest in Indian football, until we as a nation realise our true potential in this sport.
"ISL in less than two years of its existence is being recognised as the 'Brand of Indian football' in the global market. This is the result of dedication, foresight, commitment and hard work of all the stakeholders involved in ISL including AIFF, FSDL, its league owners, players and most importantly the fans." the statement said.
The decisions were related to the controversy surrounding the scuffle between Chennaiyin FC's Brazillian marquee player Elano Blumer and FC Goa officials after the ISL second season final in Margao in December last.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
