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Breaking News :  Bombay HC directs BCCI to pay Rs 9 crore to Nimbus for equipment services
Thursday 09-July-2015, 13:10,
Bombay HC directs BCCI to pay Rs 9 crore to Nimbus for equipment services
MUMBAI: In yet another jolt for the
Board of Control for Cricket in India
(BCCI), the Bombay High Court has
directed it to pay Rs 9 crore (Rs 90
million) to Nimbus Communications for
the supply of equipment and
associated services for TV production
of matches.
This is a second major shock for the
BCCI. Earlier, it was asked to pay Rs
550 crore (Rs 5.5 billion) to former
Indian Premier League (IPL) franchise
Kochi Tuskers by former chief justice
R C Lahoti, the arbitrator in the
case.
In the Nimbus case, BCCI had refused
to pay the said amount contending
that it must be adjusted from the
payment claimed by the board under
the TV rights agreement, according to
a report in Mumbai Mirror.
The cricket board had terminated its
TV rights contract with Nimbus in
2011 and had claimed Rs 362 crore (Rs
3.62 billion) from the company under
that agreement.
Subsequently, Nimbus terminated the
equipment supply and invoked the
arbitration clause and filed
arbitration proceedings against the
BCCI.
The bench of Justice RD Dhanuka
observed that the BCCI’s plea of
adjusting the said amount with the
dues it was claiming against Nimbus
was legally untenable.
As per the report, the BCCI also
sought a stay from the HC of its own
order so that it could approach the
higher court. However, Justice
Dhanuka rejected the request.
http://www.televisionpost.com/news/bomba...-services/
ANIL G
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