CSK and RR had moved the Bombay High Court in April, against the levying of franchise fees by the BCCI. BCCI has refunded 30 percent of franchise fees paid for IPL 2016 by suspended franchises, Chennai Super Kings and Rajasthan Royals, amounting to Rs 11.4 crore and 8.4 crore respectively. Similarly, Jaipur IPL Cricket Pvt Ltd, that owns and operates Rajasthan Royals, had been paid Rs 8,40,18,000, constituting 30 per cent of the franchise fees paid by it to BCCI. CSK and RR had moved the Bombay High Court in April, against the levying of franchise fees by the BCCI. The BCCI also rewarded the Hyderabad Cricket Association with a cash prize of Rs 28.75 lakh for providing good wickets and outfield for IPL 2016.

Source: dna September 29, 2016 14:15 UTC