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IPL: Debt-ridden Deccan Chargers termination stands

After a month long legal battle, the cash-strapped Deccan Chargers today lost its status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo on the matter till further hearing.

HC tells BCCI, Deccan Chargers to go for arbitration

The Bombay High Court today suggested the BCCI and the Deccan Chronicles Holdings Ltd to settle their dispute over termination of the IPL franchise by referring the matter to a mutually acceptable arbitrator.