After hearing elaborate arguments by Vijaynarayan, senior counsel for Raghavan, the Bench, comprising Chief Justice Sanjay Kishan Kaul and Justice M M Sundresh, dismissed the PIL.
The petitioners had submitted that the BCCI, which is entitled to 21 per cent of gross revenue of the ICC for the cycle broadcast 2015-23, will be receiving at least Rs 1,000 crore less due to Manohar's "unilateral offer" for a six per cent cut in the revenue-sharing model.
They said they filed the petition based on newspaper reports and details furnished by the Tamil Nadu Cricket Association (TNCA), a member of the BCCI.
On April 18, when the matter came up before a bench, comprising Chief Justice Sanjay Kishan Kaul and Justice S Vaidyanathan, the judges questioned whether the petition could be entertained as a PIL since it was a private agreement between two parties.
The bench then asked the counsel for the petitioners whether he would like to withdraw the petition or want the court to pass orders.
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