Home > News >

BCCI to pay Rs 120 crores to Zee Entertainment Enterprises as damages

BCCI joint secretary Anurag Thakur becomes member of Asian Cricket Council

Zee was given exclusive telecast, radio broadcast and internet rights of India’s overseas matches till March 31, 2011 © Getty Images

New Delhi: Nov 16, 2012

 

A Supreme Court tribunal has asked the Board of Control for Cricket in India (BCCI) to pay Rs 120 crore as damages to Zee Entertainment Enterprises for “arbitrarily” terminating a five-year contract for broadcast of India’s overseas cricket matches.

 

A three-member arbitral tribunal comprising two former Chief Justices of India, AS Anand and YK Sabharwal, and retired Supreme Court judge BN Srikrishna made the decision, the Times of India reported.

 

The tribunal said, “In our view, the claimant (Zee) is entitled to be awarded damages in view of illegal and unlawful termination of agreement by the respondent (BCCI) and also on account of illegal blacklisting.”

 

The board had signed an agreement with Zee on April 12, 2006 as per which Zee was given exclusive telecast, radio broadcast and internet rights of overseas matches till March 31, 2011.

 

But due to the commencement of the Indian Cricket League (ICL), things got bitter between the BCCI and Zee.

 

On May 31, 2007, the BCCI sought to terminate the contract with Zee, and informed its affiliates declaring ICL to be an ‘unapproved tournament’ and sought action against players, officials and affiliates associated.

 

Zee Entertainment Enterprises invoked arbitration, complaining that “introduction and implementation of ICL became a reason for BCCI proceeding against Zee in a completely arbitrary, discriminatory, unlawful and illegal fashion in relation to the rights of Zee under the global telecast rights for overseas matches to be played by India in terms of the agreement dated April 12, 2006″.

 

Maninder Singh, a senior advocate and Zee’s counsel told the tribunal, “BCCI went to the extent of sacking one of the greatest cricket players produced by India, namely Kapil Dev, who had volunteered to guide and help the ICL in its efforts for betterment of the game of cricket.”

 

In 2007, Zee sought Rs 480 crore as damages from the BCCI.

 

The tribunal has accepted the argument that the cricket governing body in the country illegally terminated the contract and thus causing loss to the channel.

 

The BCCI has now been asked to pay Rs 30 crore security deposit with 11% interest from May 31, 2007, and also to pay Rs 81.36 crore in a month failing which the sum would attract 11% penal interest, the report added.

West Indies tour of India, 2014

Oct 20, 2014 (14:30 IST)   at Kolkata

Pakistan vs Australia in UAE, 2014

Oct 22, 2014 (11:30 IST)   at Dubai

West Indies tour of India, 2014

Oct 22, 2014 (19:00 IST)   at Cuttack

Zimbabwe tour of Bangladesh, 2014

Oct 25, 2014 (09:30 IST)   at Dhaka

South Africa tour of New Zealand, 2014

Oct 27, 2014 (03:00 IST)   at Hamilton

More

South Africa tour of New Zealand, 2014

Oct 24, 2014  at Mount Maunganui

South Africa won by 72 runs

South Africa tour of New Zealand, 2014

Oct 21, 2014  at Mount Maunganui

South Africa won by 6 wkts

West Indies tour of India, 2014

Oct 17, 2014  at Dharamsala

India won by 59 runs

West Indies tour of India, 2014

Oct 14, 2014  at Visakhapatnam

Match cancelled

Pakistan vs Australia in UAE, 2014

Oct 12, 2014  at Abu Dhabi

Australia won by 1 run

Photos

Pakistan vs Australia, 1st Test at Dubai

Videos

Amla feels Proteas more acclimatised to conditions

Live Cricket Score Duleep Trophy Central Zone vs North Zone, semi-final at Mohali Day 4: Mahesh Rawat’s ton puts match beyond North’s reach

Live Cricket Score Pakistan vs Australia, 1st Test, Day 4: Pakistan eye victory after a successful day

Live Cricket Score Bangladesh vs Zimbabwe, 1st Test Day 1 at Mirpur: Bangladesh grab upper hand at Stumps

World Cup 1992, England vs Pakistan: Three hours of rain changes course of tournament

David Warner’s transformation into a dependable and effervescent batsman

Australia Australia tour of UAE 2014 Australia vs Pakistan Australia vs Pakistan 2014 India New Zealand New Zealand vs South Africa New Zealand vs South Africa 2014 Pakistan Pakistan vs Australia Pakistan vs Australia 2014 South Africa South Africa tour of New Zealand 2014 South Africa vs New Zealand South Africa vs New Zealand 2014

Pakistan eye victory as Australia reel at 59/4 at stumps on Day 4

Pakistan vs Australia 2014: David Warner admits that Australia is not scared of big targets

Suresh Raina gifts Aditya Garhwal an autographed bat

Dwayne Bravo says West Indies pull-out had everybody’s consent

Younis Khan scores 26th ton to establish Pakistan record

Younis Khan scores 26th ton to establish Pakistan record

Younis Khan becomes seventh Pakistani cricketer to score two hundreds in a Test

Virat Kohli and others with 20 ODI hundreds

David Warner and others with records related to hundreds in consecutive Test innings

Strangers, Brothers and Cricket— the English novelist CP Snow’s lasting passion for the game

Fan of the Day

Suraj Gowda

Suraj Gowda

642 Posts | 9 Fans

Virat Kohli's Family Meets Anushka Sharma

अभिनेत्री हुमा कुरैशी ओरिफ्लेम की ब्रांड एंबेसडर

Has Bigg Boss 8 made Karishma Tanna the most hated person?

Pranab Mukherjee returns home after visit to Norway, Finland

Revealed: First look of Amitabh Bachchan-Farhan Akhtar’s Do!

7 reasons why having sex during pregnancy is great for your health

Videocon Infinium Graphite with gesture control feature launched, priced at Rs 10,499

Rupee up 19 paise against dollar in early trade

Twitter introduces Audio Cards to listen to music directly from your timeline

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here