Bombay High Court sets aside an arbitration award against BCCI
Four years later, BCCI terminated Deccan Chargers' agreement, saying the franchise failed to honour its payment obligations
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Deccan Chargers was one of the eight original franchises in the cash-rich cricket league when it started in 2008
The Bombay High Court has set aside an arbitration award that asked the Board of Control for Cricket in India (BCCI) to pay a compensation of Rs 4,800 crore plus interest to Deccan Chronicle Holdings, the owner of the terminated Deccan Chargers franchise in the Indian Premier League (IPL), over the termination of the franchise in 2012.
Topics : Bombay High Court Indian Premier League BCCI