Islamabad, June 20, 2025: The Bombay High Court has imposed a heavy fine of INR 5.39 billion on the Board of Control for Cricket in India (BCCI) over the termination of the Kochi Tuskers Kerala franchise from the Indian Premier League (IPL) back in 2011.
BCCI now has to pay INR 38.55 million to Kochi Cricket Private Limited (KCPL) and INR 15.384 million to Rendezvous Sports World (RSW), co-owners of the franchise, court ruling issued on Tuesday stated.
Kochi Tuskers Kerala made it IPL debut in 2011, endeding the season at the eighth position out of ten participating sides. After the team’s debut season, the BCCI terminated its agreement, alleging a breach of contract. The controversy primarily rose from the franchise’s inability to furnish a bank guarantee within the specified timeframe.
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While dismissing BCCI’s objection, the court remarked, “The jurisdiction of this Court under Section 34 of the Arbitration Act is very limited.”
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“BCCI’s endeavour to delve into the merits of the dispute is in teeth of the scope of the grounds contained in Section 34 of the Act. BCCI’s dissatisfaction as to the findings rendered in respect of the evidence and/or the merits cannot be a ground to assail the Award,” the order elaborated.
Furthermore, the court observed that the cricket board wrongly encashed the bank guarantee. BCCI has been allotted a period of six weeks to challenge the ruling.
