Kochi Tuskers

Bombay HC dismisses BCCI's appeal and upholds arbitral award over wrongful termination of Kochi Tuskers; franchise partners KCPL and RSW to receive ₹538.84 crore

Bombay HC upholds ₹538 crore arbitral award to Kochi Tuskers, ruling BCCI wrongfully terminated the IPL franchise and later failed to justify its actions in court

The Bombay High Court upheld ₹538 crore in arbitral awards to Kochi Tuskers, ruling BCCI's termination of the IPL franchise was a repudiatory breach of contract

Former Australia batsman Brad Hodge cheekily enquired if BCCI has been able to 'locate' the money that the now-defunct Kochi Tuskers Kerala owed him for representing them in 2010 edition of IPL

The decision to terminate Kochi contract was taken by then BCCI President Shashank Manohar

Kochi Tuskers owners in 2015 had won an arbitration challenging BCCI decision to encash bank guarantee citing breach of the contractual agreement