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Bombay High Court dismisses BCCI’s petition against Kochi Tuskers Kerala, upholds Rs. 538 crore arbitral award

  • The Bombay High Court on June 17, 2025, dismissed BCCI's petition and upheld arbitral awards requiring payments over Rs 538 crore to Kochi Tuskers Kerala entities.
  • This decision came after BCCI ended its franchise agreements with the Kochi Tuskers Kerala team in 2011 over alleged contractual breaches, prompting KCPL and RSW to initiate arbitration proceedings asserting that the termination was unjustified.
  • The arbitral tribunal ordered BCCI to pay Rs 385.50 crore plus 18% interest to KCPL and Rs 153.34 crore plus interest to RSW, covering wrongful bank guarantee invocation and damages.
  • Justice Riyaz I. Chagla emphasized that BCCI's displeasure with the arbitrator’s interpretation of evidence does not warrant setting aside the award, highlighting that the court’s power to review such decisions is narrowly constrained by the provisions of the Arbitration and Conciliation Act.
  • This decision affirms that the BCCI must compensate the franchise, marking a significant legal setback and closing a decade-long dispute stemming from the 2011 IPL season involvement.
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India Today broke the news in India on Wednesday, June 18, 2025.
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