
BCCI suffer massive setback as court dismisses petition against Kochi Tuskers in ₹538 cr arbitral awards case
, 5 știri, o vizualizare
In a major setback to the Board of Control for Cricket in India (BCCI), the Bombay High Court has upheld arbitral awards, directing BCCI to pay ₹385.50 crore to Kochi Cricket Private Limited (KCPL) and ₹153.34 crore to Rendezvous Sports World (RSW) in connection with the Kochi IPL (Indian Premier League) franchise. A detailed order was made available on June 17, 2025 in the evening.
Kochi Tuskers had participated in the 2011 season of IPL but was terminated by the BCCI the following year after allegations of breach of the franchise agreement.
A Single-Bench judge, Justice Riyaz I. Chagla, rejected BCCI’s challenge to the arbitral awards, ruling that the Court could not sit and act as an appellate authority over the arbitrator’s findings.