30-day termination notice for Kochi

Cricket News:

The Board of Control for Cricket in India (BCCI) have decided to put the Kochi IPL franchise on incubator, given that the beleaguered consortium with breathing space for the next 30 days. Following an emergency IPL governing council meeting held in Nagpur on Wednesday, the board served a termination notice to the franchise, giving them a 30-day deadline to resolve their internal disputes or get scrapped.

The governing council had received replies from the two parties, the Rendezvous group and the other co-owners, on Tuesday evening, and the board took their final decision only after finding that the differences between the groups within the franchise still existed, revealed BCCI president Shashank Manohar.

“The governing council has invoked clause 12 (1) and given them a termination notice that in case they don’t remedy these disputes in the 30 days, the franchise would stand cancelled on the 31st day,” he said. While it has been learnt that many council members were keen to terminate the Kochi franchise’s existing contract, the board’s decision to provide them with an extension didn’t come about due to any sort of benevolence.

But rather as a result of a clause in the contract, which ensured that the franchise had to be allotted a 30-day period before it was scrapped. Asked about why Rajasthan Royals and Kings XI Punjab, were shown the exit without even receiving show-cause notices, Manohar explained that there wasn’t an intermediary breach of contract in Kochi’s case as compared to Rajasthan and Punjab.


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