In a blow to Deccan Chronicle Holdings Ltd (DCHL), owners of IPL team Decan chargers, the Supreme Court today dismissed its plea for extending the deadline to pay the bank guarantee of 100 crore to the Board Of Control For Cricket In India (BCCI).
This effectively means the elimination of Deccan chargers from the Indian Premier League (IPL) by BCCI has become final.
DCHL, owners of IPL team Deccan Chargers, had challenged the Bombay High Court order refusing to set aside a status quo order passed by an arbitrator on cessation of its membership in the IPL.
The Bombay High Court had set the deadline of October 12, over which DCHL approached the SC to extend it, saying the time limit and it is ready to pay the guarantee amount. However, BCCI opposed to it saying it doesn't want to have any dealings with Deccan chargers.
BCCI had accused Deccan chargers of not paying team players as well as the suppliers.
In a blow to Deccan Chronicle Holdings Ltd (DCHL), owners of IPL team Decan chargers, the Supreme Court today dismissed its plea for extending the deadline to pay the bank guarantee of 100 crore to the Board Of Control For Cricket In India (BCCI).
This effectively means the elimination of Deccan chargers from the Indian Premier League (IPL) by BCCI has become final.
DCHL, owners of IPL team Deccan Chargers, had challenged the Bombay High Court order refusing to set aside a status quo order passed by an arbitrator on cessation of its membership in the IPL.
The Bombay High Court had set the deadline of October 12, over which DCHL approached the SC to extend it, saying the time limit and it is ready to pay the guarantee amount. However, BCCI opposed to it saying it doesn't want to have any dealings with Deccan chargers.
BCCI had accused Deccan chargers of not paying team players as well as the suppliers.
In a blow to Deccan Chronicle Holdings Ltd (DCHL), owners of IPL team Decan chargers, the Supreme Court today dismissed its plea for extending the deadline to pay the bank guarantee of 100 crore to the Board Of Control For Cricket In India (BCCI).
This effectively means the elimination of Deccan chargers from the Indian Premier League (IPL) by BCCI has become final.
DCHL, owners of IPL team Deccan Chargers, had challenged the Bombay High Court order refusing to set aside a status quo order passed by an arbitrator on cessation of its membership in the IPL.
The Bombay High Court had set the deadline of October 12, over which DCHL approached the SC to extend it, saying the time limit and it is ready to pay the guarantee amount. However, BCCI opposed to it saying it doesn't want to have any dealings with Deccan chargers.
BCCI had accused Deccan chargers of not paying team players as well as the suppliers.
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