The Supreme Court of India on 19 October 2012 rejected the plea of Deccan Chargers to put a stay order on the decision of Mumbai High Court that supported the decision of BCCI to terminate the franchise from being in Indian Premier League (IPL).
The Bench of Supreme Court headed by the Chief Justice of India Altamas Kabir including Justices S.S. Nijjar and J. Chelameswar after dismissal of the plea made by the Deccan Chronicle Holding Ltd. cleared that the arbitrator can’t overrule an order passed by the Court. With this development by the side of Supreme Court it is clear that the Deccan Chargers are completely out of the League.
There remains only two ways for the franchise to bounce back into the IPL and they are in case, Bombay High Court reverses its decision after hearing the arguments from both sides once again in detail or CK Thakkar, the court appointed arbitrator finds any ground of incorrect termination of the team from the IPL by 29 October 2012.
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