Indian team to play in ICC Cricket World Cup 2003
The Indian team will play in the ICC Cricket World Cup 2003 under the terms of an agreement endorsed by the International Cricket Council Executive Board during its telephone hook-up today
- The Indian Board accepting responsibility for any claims for compensation that arise from the ICC's commercial partners as a result of the Indian team playing under altered contracts. The responsibility and size of these claims and will be determined through an arbitration process after the event.
- That pending the outcome of any arbitration process, the ICC will retain India's $US9 million dollars World Cup distribution.
- That should an arbitration process determine that the BCCI is liable for damages and the BCCI refuse to pay this compensation, the ICC Board will recommend that India is suspended from the ICC.