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Bombay High Court upholds stay on Royals' termination
The Bombay High Court has upheld the 6-week stay on termination of the team from the twenty-20 league.
Mumbai:
The owners of Indian Premier League franchise Rajasthan Royals can finally breath easy as the Bombay High Court has upheld the 6-week stay on termination of the team from the twenty-20 league.
The decision came on Tuesday afternoon as the High Court upheld the order of arbitrator Justice Srikrishna. As a result of this, the champions of the inaugural edition of IPL have now been cleared to take part in the IPL 4 auctions scheduled to be held on January 8 and 9.
The court has further allowed the team to take part in the IPL 4 auctions as well.
Rajasthan Royals and Kings XI Punjab were expelled from the league in October this year for committing violations in their shareholding pattern, without informing the cricket board. However, Rajasthan had secured an interim stay on the expulsion by an independent arbitrator.
The judgement is vital for BCCI because it will now be forced to field ten teams in the fourth edition of the IPL or take the battle to the Supreme Court in which could delay the auctions.
The decision came on Tuesday afternoon as the High Court upheld the order of arbitrator Justice Srikrishna. As a result of this, the champions of the inaugural edition of IPL have now been cleared to take part in the IPL 4 auctions scheduled to be held on January 8 and 9.
The court has further allowed the team to take part in the IPL 4 auctions as well.
Rajasthan Royals and Kings XI Punjab were expelled from the league in October this year for committing violations in their shareholding pattern, without informing the cricket board. However, Rajasthan had secured an interim stay on the expulsion by an independent arbitrator.
The judgement is vital for BCCI because it will now be forced to field ten teams in the fourth edition of the IPL or take the battle to the Supreme Court in which could delay the auctions.
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