The Bombay High Court has suggested that the BCCI and Deccan Chronicles Holdings Limited, the owners of Deccan Chargers, resolve their dispute through arbitration. The court has reserved its judgement until Tuesday.
Justice SJ Kathawala, who is hearing a petition on the termination of the IPL contract of Deccan Chargers, also added that if both parties failed to decide upon a mutually agreeable arbitrator, the court would appoint one at its discretion.
The counsel for Deccan Chargers was satisfied with the suggestion but the BCCI, however, is hopeful that this will not be the court's final judgement.
Deccan Chargers is the third team to file a petition against the termination of its IPL contract. Arbitrators had earlier stayed the termination of the contracts of both Rajasthan Royals and Kings XI Punjab, enabling them to stay in the IPL.