Supreme Court Orders BCCI to Pay INR 100 Crore to Kochi Tuskers Kerala
The Supreme Court ordered country’s Board of Control for Cricket in India (BCCI) on Friday – to deposit INR 100 crore to the Kochi Tuskers Kerala. The order is being given as a condition.
Well, it is due to stay of the arbitral award in the favour of former India Premier League (IPL) franchise Kochi Tuskers. Justices AK Goel and Indu Malhotra heard the appeal by Kochi Cricket, before voting in their favour.
Retired SC Judge Justice RC Lohoti passed the arbitral award of INR 100 crore in favour of the Kochi-based outfit. BCCI, on the other hand, filed a Section 34 application.
The Bombay High Court challenged the award. The High Court meanwhile also went ahead to stay the arbitral award quite unconditionally. Kochi Cricket in the apex court also challenged the decision of Bombay High Court.
Barring asking the BCCI to deposit INR 100 corer, the apex court has also further ordered the High Court to dispose of Sanction 34.
Kochi Tuskers Kerala was part of the domestic professional Twenty20 league for just a year. They had serious players in their ranks.
Interestingly, it was against the Kochi Tuskers that Sachin Tendulkar scored his only IPL century in 2011.
Meanwhile, it must be noted that in an earlier meeting that the amended Section 36 in the arbitration will be applicable which bears with facts which are bound between the Kochi Tuskers and BCCI.
After one season, the franchise in the form of Kochi Tuskers Kerala didn’t make an appearance there on.
The current edition of IPL
The current edition of the IPL has seen some brilliant games.
The Sunrisers Hyderabad (SRH) as a unit has been arguably the best team in the tournament so far. They have a sensational bowling unit and to back that up skipper Kane Williamson and Shikhar Dhawan is in red-hot form.
Meanwhile, the Chennai Super Kings (CSK) are Rajasthan Royals and it is a must-win clash for Rajasthan.
On the other side, Mumbai Indians (MI) have started to claw their way back into the tournament, which has been the case on many occasions.