The Board of Control for Cricket in India (BCCI) is likely to appeal against the order passed on Friday (July 17) by the Bombay High Court-appointed arbitrator, which makes it liable to pay the now-defunct IPL franchise Deccan Chargers Rs 4800 crore in a case of contract termination.
The IPL governing council had terminated DC in September 2012, which was challenged in the court by Deccan Chronicle Holdings (DCHL).
Read Also: BCCI gets INR 850 crores in arbitration against WSG
Deccan Chargers had approached the Bombay HC, claiming damages of Rs 6046 crore plus interest and charges as per reports. The process of arbitration started with Justice (retd) C.K. Thakar as the sole mediator.
To that, obviously, the BCCI offered its own reasoning behind terminating the franchise' contract.
But with the court turning the tables on the governing body, a board official speaking to IANS said an appeal in response will be made after going through the complete order.
"To be honest it has come as a surprise and it would be fascinating to see what the Ld. Arbitrator has relied upon and one can only make a proper assessment only upon reading the order but you can be sure that the BCCI would go in appeal against this award since it does have a very good case," the official told IANS.
DC won the title in 2009 under the captaincy of Adam Gilchrist in South Africa, when the IPL had to be moved outside India on coinciding with the general elections here.
The franchise remains popular to date, which was evident when fans got the social media buzzing in anticipation of their return the moment the news of arbitrator's order came out.