Ipl frenchisee owener Kings XI Punjab won for the second time against the Board of Cricket Control in India (BCCI) in less than a week for the Bombay high court ruled in their favour granting them permission to participate in the Indian Premier League.
The appeal bench of the high court favoured the Mohali IPL franchisee owned by Preity Zinta, Ness Wadia, Karan Paul and Mohit Burman. The bench of Justices D.Y. Chandrachud and Anoop Mohta paved way over the Board’s appealagainst the stay over the termination of the Kings XI franchisee agreement granted by a single judge. he bench declared the BCCI step as “wholly arbitrary” and further reclaimed the termination notice as “anything but fair”. The BCCI
, on the other hand, seems split over the decision of appealing with the apex court of the country, the Supreme Court.
The judges declared that “it was abundantly clear that there was no basis for the notice” given to Kings XI Punjab by the BCCI on 10 October, 2010 blaming the franchisee for committing the “irremedial breach” of contract by altering the company, shareholding pattern and charge after they had won the bid and signed the agreement.
Ipl frenchisee owener Kings XI had questioned the termination notice and appointed an arbitrator for challenging the notice. Thereafter, retired Judge B. N. Srikrishna was agreed upon as the sole arbitrator acting for both the Kings XI and the BCCI. But he was later rescued due to certain objections by the board.
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