BCCI says Deccan Chargers players' dues have been paid

The BCCI today clarified that all the dues to be paid to the players of Deccan Chargers, whose IPL contract has been terminated by the Board, for the last season have been met.

"The BCCI wishes to clarify that all players dues for the last season have been met in respect of players who represented Deccan Chargers in IPL 2012," Board Secretary Sanjay Jagdale said in a release.

He said that the termination of Deccan Chargers from the IPL stands after the Supreme Court today refused to stay termination of the team by the Board.

"The Hon'ble Supreme Court has dismissed the SLP filed by DCHL against the order of 18 October 2012 given by the Hon'ble Bombay High Court which set aside the status quo order of the Learned Arbitrator. Hence the termination of Deccan Chargers remains undisturbed," he said.

The Supreme Court today refused to stay termination of the Hyderabad team by the Indian cricket board from the cash-rich IPL, paving the way for filling its slot by fresh auction on October 25.

The apex court declined to interfere with yesterday's Bombay High Court decision which had set aside the status quo order passed by an arbitrator on cessation of its membership in the league.

A bench headed by Chief Justice Altamas Kabir dismissed the plea of Deccan Chronicles Holdings Limited (DCHL), promoter of Deccan Chargers, to extend the time till October 25 for furnishing the bank guarantee of Rs 100 crore.

It accepted the submission of the BCCI that the termination of contract between the Deccan Chargers and the Board has come to effect from October 12, the day the High Court had held that the arbitrator had no jurisdiction to grant status quo and declined to grant extension of time for furnishing the bank guarantee.

"The position today stands that the agreement between Deccan Chargers and BCCI is terminated and the effect of extension of time to deposit the bank guarantee will amount to forcing the contract," the bench, also comprising justices S S Nijjar and J Chelameswar, said.

"It has been pointed out by the BCCI about the fact of termination of contract which is effective from October 12. In such circumstance we are not inclined to entertain the Special Leave Petition (SLP)," the bench said but added that its order will not affect the arbitration proceedings between the Deccan Chargers and the BCCI.

The High Court had set aside the order passed by the arbitrator, retired supreme court judge C K Thakker, for maintaining status quo after BCCI had filed an appeal.

The Deccan Chargers had lost its place in the IPL after the high court stayed the arbitrator's order for maintaining status quo in the matter till further hearing, while BCCI declared that the termination of the IPL franchise stands following the court's order.

DCHL's failure to submit bank guarantee of Rs 100 crore of a nationalised bank allowed BCCI to initiate action in furtherance to the termination.

BCCI had on September 15 decided to terminate the contract at an emergency IPL Governing Council meeting in Chennai, which was challenged by DCHL in Bombay High Court.

The court had on October 1 ordered DCHL to furnish a bank guarantee of Rs 100 crore, bear all expenses for IPL 6, including making payments to BCCI towards franchise, players and support team costs. Besides, it was asked to bear the costs of conducting matches and other expenses.

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