Pakistan’s compensation claim against India for allegedly failing to honour a Memorandum of Understanding (MoU) on bilateral series is dismissed by the International Cricket Council’s dispute panel.
The ICC on its official Twitter page posted that, “PCB case against BCCI dismissed by dispute panel.”
The compensation of Rs 447 crore was demanded by the Pakistan Cricket Board (PCB) after alleging that the BCCI didn’t honour the MoU that required India to play six bilateral series between 2015 to 2023.
The BCCI from its side stated that the alleged MoU was not binding and did not stand as Pakistan failed to honour a commitment to support the revenue model suggested by India for the ICC.
The ICC constituted a three-member dispute resolution committee to look into the PCB’s compensation claim. The hearing took place at the world body’s headquarters here from October 1-3.