The Indian board has been fined Rs 4800 crore for suspending the Indian Premier League team. According to Indian media the arbitrator appointed by the Mumbai High Court has ruled in favor of the Deccan charges. The board has been fined Rs 4800 crore The Indian Cricket Board (ICB) had suspended the Deccan Chargers and handed over the team to the Casey Risers on which the Deccan Charges had challenged the decision in the Mumbai High Court The controversy has been going on since 2012 and the decision has been announced According to the decision the Indian board is required to pay the fine by September 2020 Indian media say that the BCCI is likely to challenge the decision of the Mumbai High Court and consultations are underway in this regard