Zee Telefilms is likely to move court against the Board for Control of Cricket in India after a Madras High Court judgment termed improper the cancellation of the tender process by the board for the telecast of cricket matches. |
"We can now sue the board for damages. We are discussing the matter with our management and legal advisers," Ashish Kaul, vice-president, corporate brand development group, and the company's spokesperson, told Business Standard. |
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He added that actions would be initiated only after the court judgment was available to the company. "Let us first get a copy of the judgment," he said. |
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"The high court verdict is reiteration of what we have always been saying there is a clear nexus between the cricket board and ESPN," said Kaul. |
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"We are discussing this (the issue of compensation) with our legal advisers and the board of directors will take a decision soon," he said. |
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Zee was initially granted the telecast rights for $308 million before the board decided to cancel the bidding process after ESPN-Star challenged the decision in court last year. |
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