ICC rejects Pakistan compensation claim against India
The International Cricket Council (ICC) on Tuesday dismissed a compensation claim by Pakistan over India's refusal to honour an agreement to play bilateral series.
"Following a three-day hearing and having considered detailed oral and written submissions, the Dispute Panel has dismissed the Pakistan Cricket Board (PCB)'s claim against the BCCI," the ICC said in a statement.
"The decision is non-appealable."
The dispute centred on a Memorandum of Understanding according to which India and Pakistan had agreed to play six bilateral series between 2015-2023.
The PCB had filed a compensation claim of $70 million.
India refused to play Pakistan citing the Indian government's objections due to strained relations with Pakistan.
According to the agreement, the six tours would include up to 14 Tests, 30 one-days and 12 Twenty20 internationals.
India cut off cricket ties with Pakistan after the 2008 terrorist attacks on Mumbai which left more than 160 people killed.
The two sides have not played a full series since Pakistan's tour of India in 2007. Pakistan toured India for a limited-overs series with two Twenty20s and three one-day internationals from December 2012-January 2013 but full ties were not restored.
The Board of Control for Cricket in India (BCCI) has welcomed the decision and said it will now approach the Dispute Panel to recover the legal cost from the PCB.