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IPL: Deccan Chargers terminated from IPL after failing to give Bank Guarantee

Last Updated: Saturday, October 13, 2012, 10:40

Cash-strapped Deccan Chronicles Holdings Ltd (DCHL) today failed to give Rs 100 crore Bank Guarantee to BCCI as directed by the Bombay High Court after which the BCCI is free to take action on its earlier decision to terminate its IPL franchise Deccan Chargers.

Court asks BCCI to maintain status quo on Deccan Chargers

Last Updated: Monday, September 17, 2012, 16:53

In a minor relief to the beleaguered Deccan Chargers, the Bombay High Court on Monday directed the BCCI to maintain status quo regarding the termination of the IPL franchise.