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Mumbai, September 21, 2011
The Bombay High Court today rejected a plea filed by the Kochi Tuskers against the Board of Control for Cricket in India (BCCI).
While moving an application in the court, Kochi Tuskers had urged the court to restrain the BCCI from encashing the bank guarantee of over Rs 154 crore provided by it. The court, however, refused to grant relief.
The Indian Premier League (IPL) franchisee's contract was terminated on Monday for allegedly defaulting on payment dues despite being served a show cause notice by the Board.
The Board's newly-appointed president N Srinivasan had said there was no question of reversing the decision, though the fate of the Kochi players continues to be uncertain.
Sri Lanka's Muttiah Muralitharan has already said that he hopes that other teams in the Indian Premier League will consider offering him a contract.