Cricket news: Bombay HC rules in favour of Kochi Tuskers, upholds Rs 538 crore arbitral award against BCCI

The Bombay High Court upheld a Rs 538 crore arbitral award in favor of the Kochi Tuskers, dismissing BCCI’s challenge related to the franchise’s termination in 2011 over a bank guarantee dispute. The court emphasized its limited jurisdiction under the Arbitration Act, stating that BCCI’s claims lacked grounds for interference with the arbitrator’s findings, which deemed the termination unjustified.

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