Good news for the Deccan Chargers

Good news for the Deccan Chargers

Good news for the Deccan Chargers

 Good news for Deccan Chronicle Holdings Ltd(DCHL) because they have won a long time dispute against the Board of Control for Cricket in India (BCCI). The Arbitrator (C K Thakker) was appointed and he has taken a decision in favor of Deccan Chronicles.

They have ordered BCCI to pay 4800 crores to them because of illegal termination from the Indian Premier League(IPL) Franchise.

In 2012, the franchise receive termination. However, In the same year, the Bombay high court-appointed the arbitrator to make a decision on this. They also challenged the termination by BCCI regarding the issue of the company’s financial stability.

BCCI informed that players were unpaid in 2012. And said there were dues of 4000 crores against DCHL. BCCI can pay the amount till September end.

 

 

 

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