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. Need More Context? 🔎
Read more