INDIAN COURT STAYS THE TERMINATION OF PUNJAB IPL FRANCHISE

By ANI
Thursday, December 16, 2010

NATURAL WITH ENGLISH SPEECH

DURATION: 1.33

SOURCE: ANI

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Indian court stays the termination of Punjab IPL franchise.

The Bombay high court stays the termination of Indian Premier League franchise Kings Eleven Punjab in Mumbai city of India’s western state of Maharashtra.

PLEASE NOTE THIS EDIT CONTAINS CONVERTED 4:3 MATERIAL

SHOWS:

MUMBAI, MAHARASHTRA, INDIA (DECEMBER 15, 2010) (ANI-NO ACCESS BBC)

1. BOLLYWOOD ACTRESS PREITY ZINTA AND INDUSTRIALIST NESS WADIA, OWNERS OF KINGS ELEVEN PUNJAB, ONE OF THE TEAMS OF THE INDIAN PREMIER LEGAUE (IPL) SURROUNDED BY MEDIA PERSONS

2. ZINTA SPEAKING

3. (SOUNDBITE) (English) PREITY ZINTA, BOLLYWOOD ACTRESS AND CO-OWNER OF KINGS ELEVEN PUNJAB FRANCHISE, SAYING:”Well, we are very-very happy for all the judgments… we are very happy. Thank you to our lawyers, most importantly thank you to our fans, to all the supporters of Kings Eleven Punjab, where ever they are across the globe, in India in Punjab, in Himachal. Thank you very-very much for supporting us. We got a pretty good judgment.”

4. WADIA AND ZINTA SPEAKING TO THE MEDIA

5. (SOUNDBITE) (English) NESS WADIA, INDUSTRIALIST AND CO-OWNER OF KINGS ELEVEN PUNJAB, SAYING: “First hearing was with one judge. This was with two bench judges, so I think it reaffirms what the two judges said. It basically means that our termination was illegal and was not supposed to be done. So we are happy with the verdict. We are happy with the verdict and we hope that we can be in the auction now.”

6. WADIA AND ZINTA SURROUNDED BY MEDIA

7. (SOUNDBITE) (English) NESS WADIA, INDUSTRIALIST AND CO-OWNER OF KINGS ELEVEN PUNJAB, SAYING: “We are not going to comment on BCCI (Board of Control for Cricket in India). We support BCCI, we work with BCCI, we will continue to do so. We have built IPL with the BCCI and we will continue to do so no matter what.”

8. ZINTA AND WADIA LEAVING

9. WADIA AND ZINTA GETTING INTO A CAR

STORY: The Bombay High Court gave the owners of Indian Premier League (IPL) franchise Kings XI Punjab reprieve after a divisional bench on Wednesday (December 15) upheld the stay on the termination of contract of the franchise.

The franchise contracts of the IPL’s Punjab and Jaipur teams were terminated, by the Board for Control of Cricket (BCCI) on October 10.

Ecstatic after a favourable decision, Bollywood actress and co owner of Kings XI Punjab team Preity Zinta thanked her fans and supporters of the team.

“Well, we are very-very happy for all the judgments… we are very happy. Thank you to our lawyers, most importantly thank you to our fans, to all the supporters of Kings Eleven Punjab, where ever they are across the globe, in India in Punjab, in Himachal. Thank you very-very much for supporting us. We got a pretty good judgment,” said Zinta.

The Board for Control of Cricket in India, the controlling body of the IPL had on Monday appealed to the bench against an interim decision of a judge from the same court who stayed the termination Punjab franchise.

Industrialist Ness Wadia, also a co owner of the Punjab team, said the decision of the divisional bench vindicated their stand.

“First hearing was with one judge. This was with two bench judges, so I think it reaffirms what the two judges said. It basically means that our termination was illegal and was not supposed to be done. So we are happy with the verdict. We are happy with the verdict and we hope that we can be in the auction now,” said Wadia.

Reacting to question on Punjab team falling out of favour of BCCI, Wadia said they will continue to support and work the cricket body.

“We are not going to comment on BCCI (Board of Control for Cricket in India). We support BCCI, we work with BCCI, we will continue to do so. We have built IPL with the BCCI and we will continue to do so no matter what,” he said.

The $4 billion Twenty20 league that began with eight teams in 2008 before adding two more for 2011 onwards has run into trouble of late.

Former commissioner Lalit Modi is battling charges of financial irregularities while an ownership row has been rumbling for some while.

The next edition of the IPL is slated for April next year.

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