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Debt-ridden Deccan Chargers termination stands

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Press Trust of India Mumbai

The beleaguered owners of Deccan Chargers had yesterday failed to produce a Rs 100-crore bank guarantee before the Bombay High Court, a condition that had been set for the struggling team's survival in the league. They later approached the Court-appointed Arbitrator who had passed the order of status quo.

"BCCI moved an appeal against the Order of Arbitrator and the same was heard today morning. The Hon

 

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First Published: Oct 13 2012 | 4:35 PM IST

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