Betting on teams in the IPL is illegal. But what happens when the franchises become public companies? Will speculating on their shares impact the players or the game? If this speculation, in the stock market, is legitimate, how is betting on the teams not?
DCHL then approached the Bombay High Court claiming that the termination was arbitrary. The HC in September 2012 appointed retired Supreme Court Justice C K Thakker as the sole Arbitrator to decide the matter.