The Board of Control for Cricket in India (BCCI) has been ordered to pay Rs 4,800 crore to Deccan Chronicles Holding Ltd (DCHL) over the termination of the company's Indian Premier League (IPL) franchise team (Deccan Chargers) as per an arbitrator, a DCHL lawyer claimed. The lawyer further added that the arbitrator also held the termination of the franchise as illegal. Back on August 11, 2012, BCCI issued a show-cause notice for termination of the franchise to DCHL (aka Deccan Chargers). However, according to the lawyer, the termination official happened a day before the 30-day expiry period of the granted to respond to the notice. "DCHL has also been granted Rs 36 crore as an admitted amount payable under the Franchise Agreement," he added.

Source: dna July 18, 2020 03:56 UTC