Dubai, Nov 21: The International Cricket Council Dispute Panel (ICC) on Tuesday rejected Pakistan Cricket Board's (PCB) seeking monetary compensation for damages to the tune of 70 million dollar from Board of Control for Cricket in India (BCCI) for not honouring the memorandum of Understanding (MoU) signed between the two boards in 2014 to play a bilateral series.
The ICC had earlier said the decision from the panel will be final and cannot be challenged. The panel was chaired by Michael Beloff QC, an English barrister and a member of Blackstone Chambers, and included Jan Paulsson and Annabelle Bennett. The hearings took place here from October 1-3.
"Following a three-day hearing and having considered detailed oral and written submissions, the Dispute Panel has dismissed the PCB's claim against the BCCI," the ICC statement said on Tuesday.
PCB had filed a compensation claim against the BCCI before the ICC Disputes Resolution Committee for India's refusal to play Pakistan in bilateral series.
India and Pakistan play only at multi-nation tournaments organised by the ICC or the Asian Cricket Council (ACC). Both countries faced each other was recently at the Asia Cup in the United Arab Emirates. (UNI)