Kochi: Rendezvous Sports World Pvt Ltd, one of the co-owners of the terminated Kochi Tuskers Kerala IPL franchise, is planning to go to court next week in a late bid to revive the team. The Kochi franchise was annulled by the BCCI in September 2011 for their failure to provide a fresh bank guarantee to the board.
"Monday or Tuesday we will file a case in court," Prashanth Mishra, a Rendezvous official, told ESPNcricinfo. "We want to be a part of IPL season 5."
However, since the termination the BCCI has not only cashed the existing bank guarantee, worth approximately $30.39 million, but has also included a number of former Tuskers players in Saturday's player auction. That means even if the court were to grant a stay on Kochi's termination, they would still be without players.