Royals handed six week lifeline by the courts
An independent arbitrator has given the Rajasthan Royals a new lifeline after he issued a six week stay on the franchise's expulsion from the Indian Premier League.
Justice Srikrishna ruled in favour of the Royals after a three day hearing with the BCCI.
The decision means the Royals can take part in January’s player auction and even announce, by December 5th up to four players who they wish to retain for next years tournament.
The courts decision is a major blow for the BCCI and it means their plans for next year’s tournament have now been cast into disarray.
While the six week stay is in place the BCCI will be unable to change any of the leagues rules in an attempt to prejudice the Rajasthan.
"There will be no interference with them exercising rights under the franchise agreement," said Justice BN Srikrishna after the decision was announced. "They will be allowed to participate in the auction," he added.
The decision to remove the Royals from next year’s tournament was unanimously agreed after the Governing Council examined the ownership structure at an emergency meeting in Mumbai at the start of October.
According to the show causes issued by the BCCI; the Royals restructured its ownership structure in March 2008 and in January 2009 which resulted in Emerging Media (IPL) Limited; winners of the franchise during the IPL franchise auction in 2008 with no shares in Jaipur IPL Cricket Private Limited, owners of the Royals franchise.
Having seen their request for a meeting with BCCI president Shashank Manohar turned down the Royals turned their attentions to the law courts hoping to force the BCCI around the discussion table.