March 8, 2011 7:26 PM

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SC stays HC order against BCCI on IPL broadcasting rights

The Supreme Court has stayed the Bombay High Court order allowing Mauritius-based World Sports Group's appeal against the BCCI seeking arbitration with regard to termination of their agreement for 450-crore rupees overseas telecast rights of IPL. A Bench of Justices R V Ravindran and A K Patnaik issued a notice to World Sports Group, WSG on a petition filed by BCCI challenging the order of the HC division bench which had set aside a single judge's decision not favouring the WSG. While seeking a response of the WSG, the bench took an undertaking from the BCCI that any contract entered into by WSG will be honoured by it. The same undertaking was given by the BCCI before the High Court also.

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