New Delhi: Victory for King XI Punjab - BCCI Loses Appeal in HC
Delhi, Dec 15: Bombay High Court divisional bench has upheld the order of single bench division that stayed the termination of IPL franchise Kings XI Punjab on Wednesday.
The BCCI on Monday had filed an appeal against the order of the Bombay high court that stayed the termination of the Mohali franchise agreement after holding that "there was no change in control of the franchisee."
The High Court also slammed the cricket board during the hearing, saying termination of the IPL franchise was flawed.
Meanwhile, the owners of the Kings XI Punjab Ness Wadia and Preity Zinta are happy with the court's verdict.
Actress Preity Zinta said that they would like to work with BCCI to make the IPL 4 stronger and also claimed that their stand has been vindicated.