Bombay High Court Hears Appeal from Injunction Order Granting Interim Relief in IPL Franchise Termination Dispute. Division Bench Considers Whether Change in Shareholding Pattern Constituted Irremediable Breach Warranting Termination of Franchise Agreement Under Clauses 10 and 11, and Whether Conditions Imposed by Single Judge Were Sufficient Under Section 9 of Arbitration and Conciliation Act, 1996.
15 Dec 2010Background: The dispute pertained to the termination of a franchise agreement between the Board of Control for Cricket in India (BCCI) and KPH Dream C...
