Bombay HC says termination of Deccan Chargers to stand

The Bombay High Court's verdict on the Board of Control for Cricket in India (BCCI) appeal against Deccan Chronicle Holdings' (DCHL) IPL team is finally out. The HC has stayed BCCI's termination of Deccan Chargers, reports CNBC-TV18.

The final hearing of the matter will be on November 10. Meanwhile, no case has been made to grant interim relief on the matter. The HC has said that arbitrator acted beyond its jurisdiction in relief grant. It also added that DCHL's appeal before arbitrator incompetent and not maintainable.

The arbitrator appointed by the High Court last month, retired Supreme Court Judge C K Thakkar, in his first meeting last week, passed an order directing BCCI not to initiate any action on its decision to terminate the franchise of IPL team Deccan Chargers from Hyderabad.

Aggrieved by this, BCCI approached the High Court which had, on Saturday, granted interim stay on the arbitrator’s order, thereby allowing the Cricket Board to take further action on the termination.

Soon after the High Court stayed the status quo order, BCCI issued tenders for IPL teams from various cities, including Hyderabad.