Pakistan Cricket Board pays USD 1.6 million to BCCI as compensation
The BCCI had claimed that MoU wasn't legally binding.
The ICC Dispute Resolution Panel had ordered the Pakistan Cricket Board (PCB) to pay the Board of Control for Cricket in India (BCCI) the 60% of costs as demanded by the Indian board, after their claims for compensation was rejected by the world body.
PCB had claimed compensation from the BCCI for refusing to honour the MoU between the two cricket boards for bilateral series between India and Pakistan. Pakistan last played India in the bilateral series in 2013 since then the two teams haven’t faced each other apart from the ICC events and in the Asia Cup.
The case of compensation claimed by PCB
The PCB had necessitated Rs 447 crore as recompense after asserting that the BCCI didn’t honour the MoU that required India to play six bilateral series between 2015 and 2023. In opposition, the BCCI had demanded that PCB “pay the full amount” of its legal costs and the costs of arbitral proceedings including any administrative fees of the ICC, and the fees of the panel, among other expenses.
“Panel orders the PCB to pay the BCCI sixty percent (60%) of (a) the Claimed Costs; and (b) the administrative costs and expenses of the Panel…,” the ICC committee had announced in their judgment in December 2018.
PCB pays the amount to BCCI
The Pakistan Cricket Board has paid approximately USD 1.6 million to BCCI as costs of legal proceedings as per the directions of the ICC Dispute Resolution Panel, after losing the case against the Indian cricket board.
Ehsan Mani mentioned that the PCB incurred costs of around USD 2.2 million on the compensation case which the Pakistani board lost. He also said that the amount covered costs of the case the other expenses were connected to legal fees and travel.
The Pakistani board lost the case as the BCCI claimed that the MoU was not legally binding and did not stand as Pakistan had not supported Indian board on the new revenue model and dishonoured a previously made commitment.
[interaction id=”5c86622ff115e0e881e102f8″]
Get the latest Cricket News and updates, Match Predictions, Fantasy Cricket Tips and lots more on CricTracker.com.
Download Our App