DECCAN CHARGERS eliminated from IPL.

The deccan chargers can no longer be a part of IPL, after its owners failed to produce a Rs.100 crores bank guarantee before bombay high court. A condition that had been set for the struggling team's survival in league.

Deccan chargers fails to furnish the guarantee money before 5. P.m deadline.

Now a new franchise had replaced it "kamala landmarc", which is mumbai based real estate company.

Deccan chargers was hoping to resolve its financial problems by selling the team but it rejected the sole bid it received at the auction in chennai.

DCHL purchased the hyderabad franchise for 428 crore in 2008.