The Kochi Tuskers Kerala was terminated by the BCCI after just 14 matches due to a missed bank guarantee deadline. Now, more than a decade later, the matter has taken a dramatic turn. Last week, the Bombay High Court ordered the BCCI to pay a massive Rs 538 crore to the now-defunct franchise.
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Sri Lankan legend Mahela Jayawardene is reportedly owed more than INR 2 crore. Former New Zealand captain and current England head coach Brendon McCullum’s pending dues are close to Rs 75 lakh. Other players like VVS Laxman, Ravindra Jadeja, Steve Smith, S. Sreesanth, and Parthiv Patel are also still waiting for their final installment from the now-defunct franchise.
Mahela Jayawardene, Brendon McCullum, and Ravindra Jadeja still unpaid after 13 years
It added, “Brendon McCullum, signed for Rs 2.15 crore, is still owed approximately Rs 75 lakh. Other notable names awaiting payment include VVS Laxman, Parthiv Patel, Steve Smith, and Ravindra Jadeja. Even local Kerala players like S. Sreesanth, Raiphi Vincent, Prasanth Padmanabhan, and Prashanth Parameswaran are among those left unpaid.”
Bombay High Court orders BCCI to pay Rs 550 Crore to Kochi Tuskers Kerala
Meanwhile, the Bombay High Court has ruled in favor of the Kochi Tuskers Kerala and ordered the BCCI to pay Rs 550 crore. This includes Rs 384 crore to KCPL and Rs 153 crore to Rendezvous Sports.
The BCCI tried to fight the ruling in court, but the Bombay High Court upheld the arbitration, saying the board had wrongfully used the team’s bank guarantee, which broke the contract terms. With this decision, the legal battle finally seems to be coming to an end, and the BCCI must now pay up.
The court order stated, “The jurisdiction of this court under Section 34 of the Arbitration Act is very limited. BCCI's endeavor to delve into the merits of the dispute is in the 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.”
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