The Chargers’ time in the IPL has officially come to an end
The Deccan Chargers franchise has officially been terminated after the Bombay High Court overruled the arbitrator’s decision to impose a status quo on the team after they were expelled from the Indian Premier League (IPL).
The Board of Control for Cricket in India (BCCI) confirmed that the franchise had indeed been terminated, and stated that they were unable to raise the Rs 100-crore bank guarantee ($19 million) by the deadline given to them.
Upon hearing about their termination, the Chargers immediately went to CK Thakkar, who, as the court-appointed arbitrator, put a hold to the termination proceeding.
However, the termination was official after Justice RD Dhanuka got rid of the hold put on the Chargers franchise by Thakkar.
Justice Dhanuka said: “The arbitrator had no jurisdiction to grant a status quo, on the same day (October 12), the high court had denied extension of time to DCHL to furnish Rs 100 crore bank guarantee as directed by the court on October 1.”
The Deccan Chargers tried to file another petition asking for an interim stay on the termination, but the courts rejected it.
“DCHL has still not furnished a bank guarantee. Hence there is no change in the circumstances to grant relief to DCHL. No case is made out for interim relief for granting stay on termination. The application seeking stay is a gross abuse of law,” Justice Dhanuka added.
As of right now, the only action the Deccan Chargers can take is to file an appeal in the Supreme Court, which would challenge the High Court’s order to terminate them.