Relief To BCCI As Bombay High Court Sets Aside Rs 4,800 Crores Award In Deccan Chargers Case

In a relief for the Board for Control of Cricket in India (BCCI) the Bombay High Court has set aside the arbitration award directing BCCI to pay over Rs. 4800 crore to Deccan Chronicle Holding Ltd (DCHL) for terminating the latter's franchise Deccan Chargers (DC) from the Indian Premier League (IPL). Justice Gautam S Patel set aside the 2020 award passed by the sole arbitrator in...