logo
Bad news for BCCI, set to pay Rs 5380000000 to this IPL team due to...

Bad news for BCCI, set to pay Rs 5380000000 to this IPL team due to...

India.com19-06-2025
In these collection of pictures, we find out the reason why the BCCI has suffered a massive financial loss after the decision by Bombay High Court. Image credit: X (Formerly Twitter)
Kochi Tuskers Kerala participated in IPL 2011 season. Kochi Cricket Pvt. Ltd. was a consortium of multiple owners. Image credit: X (Formerly Twitter)
Former IPL chairman Lalit Modi and BCCI terminated Kochi Tuskers Kerala contract in 2012 due to alleged breach in contract. Image credit: X (Formerly Twitter)
Arbital Tribunal had ordered BCCI to pay Rs 538 crore to Kochi Tusker Kerala owners KCPL. It awarded over Rs 384 crore to KCPL and ordering the return of over Rs 153 crore to RSW along with interest and costs. Rendezvous Sports World (RSW) was consortium who had bought the IPL team. Image credit: X (Formerly Twitter)
BCCI had challenged the order of Artbital Tribunal. arguing that the tribunal had acted beyond its powers and misapplied the law. It maintained that KCPL's failure to submit the bank guarantee was a fundamental breach of the agreement, justifying termination. Image credit: X (Formerly Twitter)
Bombay High Court held that the arbitrator's findings were well-reasoned and supported by records. It ruled that BCCI had, by its conduct, waived the strict requirement for furnishing the guarantee by March 2011. Image credit: X (Formerly Twitter)
Single-judge Justice RI Chagla rejected BCCI's challenge on Wednesday to the Rs 538 crore award and said that the Bombay High Court cannot sit in appeal over the arbitrator's findings.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

4 Players Mumbai Indians Might Release Before IPL 2026 Auction: Deepak Chahar, Robin Minz And...
4 Players Mumbai Indians Might Release Before IPL 2026 Auction: Deepak Chahar, Robin Minz And...

India.com

time19 minutes ago

  • India.com

4 Players Mumbai Indians Might Release Before IPL 2026 Auction: Deepak Chahar, Robin Minz And...

photoDetails english 2937459 Updated:Jul 26, 2025, 09:03 PM IST 1. Deepak Chahar 1 / 7 Mumbai Indians picked Deepak Chahar for Rs 9.25 crore in the 2025 mega auction. However, Chahar failed to deliver up to the expectations during the IPL 2025 season. He picked 11 wickets in 14 matches at a high economy of 9.17. Given his high salary and low return, Mumbai Indians might consider releasing Deepak before the IPL 2026 auction to free up the budget. Deepak Chahar's IPL Record 2 / 7 Deepak Chahar, who has played a role in the title wins of Chennai Super Kings (CSK) over the years, has picked 88 wickets in 95 matches with an economy of 8.13 in his IPL career so far. 2. Mujeeb Ur Rahman 3 / 7 Mumbai Indians (MI) picked Mujeeb-ur-Rahman for Rs 2 crore as a replacement for Allah Ghazanfar, who was ruled out of the IPL 2025 season due to an injury. However, Mujeeb didn't fit in MI's playing XI and played only one match and conceded 28 off two overs. Given the mystery element factor, Mumbai Indians might consider retaining Ghazanfar and releasing Mujeeb before the IPL 2026 auction. Mujeeb Ur Rahman's IPL Record 4 / 7 Mujeeb-ur-Rahman, who has represented multiple teams, has played 20 IPL matches and has 20 wickets against his name with an economy rate of 8.34 so far. 3. Robin Minz 5 / 7 Robin Minz was bought by Mumbai Indians for Rs. 65 lakh in the 2025 mega auction. However, he couldn't do much in limited opportunities, scoring just 6 runs in 2 matches of IPL 2025 season. Mumbai Indians might consider releasing Minz before the IPL 2026 auction to free up a slot for a more reliable wicket-keeper batter as he appeared unprepared for the IPL level. 4. Reece Topley 6 / 7 England pacer Reece Topley was picked by Mumbai Indians for Rs 75 lakh during the IPL 2025 mega auction. However, Topley played only one match in IPL 2025, against Punjab Kings in Qualifier 2, where he conceded 40 runs in three overs. Given the lack of utility and trust, Mumbai Indians might consider releasing Topley before the IPL 2026 auction and target a more consistent overseas pacer to bolster their bowling. Reece Topley's IPL Record 7 / 7 Reece Topley, who can bowl early in the powerplay and can also bowl lethal yorkers in the slog overs, has played 6 IPL matches and picked 5 wickets so far.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store