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Bombay HC rules in favour of Kochi Tuskers, upholds Rs 538 crore arbitral award against BCCI

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The Bombay High Court has upheld arbitral awards exceeding Rs 538 crore in favour of the defunct Kochi Tuskers IPL franchise, dismissing BCCI's challenge. Justice Chagla emphasised the limited scope of court intervention in arbitration matters. Kochi Tuskers had played the 2011 season of the IPL before being terminated a year later.
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