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Tariq Engineer
September 21, 2011
Tuskers Kochi in Kerala have complained about the decision of Bombay High Court to dismiss his case to restrain BCCI from the proceeds of the bank guarantee of 156 crore rupees. If the franchise was denied a seat of the Ministry of Justice SF Vajifdar on Wednesday, and a new division bench of the Court hearing is scheduled for Thursday 'morning, officials said Kochi ESPNcricinfo.
"E 'for the hearing at 11 am tomorrow, before the division bench," Mukesh Patel, CEO of Parinee Developers Pvt Ltd, one of the owners, he said. Kochi is also trying to keep the government's decision to terminate the series and wants the court to submit the dispute arbitrator under the arbitration clause of the training contract.
Kochi is the third franchise to be expelled from the league over the last 12 months of the BCCI. Last year, the Rajasthan Royals and Kings XI Punjab, the two franchises, which was completed in October 2010, not only managed to get their cases before an arbitrator, but the court also have returned to the league, and allowed them to participate in the 2011 e IPL
The BCCI had the ax Kochi IPL for violation of the terms of the agreement, the new president N Srinivasan said after the annual general meeting in Mumbai on September 19. The trigger for the decision was the inability of the franchise to provide a bank guarantee new for 2011. It is understood that the deadline to submit the bank guarantee was Kochi March 26, 2011. Therefore, the BCCI said it had the right to terminate the contract after the franchise had to be produced.
Patel, however, denied that the franchise owed money by the board. "The message is false BCCI, prima facie," he said. "We never missed. BCCI should pay us 12 to 15 crore rupees (2.5 million to $ 3.13 million) next month as part of our revenue base. "
Dispute centers on the free decision of the BCCI to reduce the number of matches of IPL 94-74. "The number of games in the bidding document was 94, then reduced to 74, but did not reduce franchise fees."
Srinivasan, however, said the decision to withdraw from the League of Kochi is final and calls his alleged rape of a "violation irreparable."
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