The International Cricket Council on Saturday released the details of the contract signed by the Board of Control for Cricket in India.

The world body had on Friday threatened to slap hefty compensation claims on the BCCI if it failed to meet its contractual obligations.

"India's non-participation in the World Cup could only occur if the BCCI failed to honour the undertakings it had given to the world body," ICC Chief Executive Malcolm Speed said in a statement in London.

He said, "Under the Participating Nations Agreement the BCCI signed in March this year, the Indian Board is committed to sending its best team to the World Cup.

"The contract also reinforces the BCCI's right and responsibility to manage its own players within the commitment it has taken on under the PNA. The ICC respects this position." 

It is also vital to recognise that in signing the PNA, the BCCI has accepted the Player Terms put forward by the ICC, Speed said.

"These are the commitments that the BCCI has taken on and these are the commitments that the ICC is asking the Indian Board to honour," he said.

The four key clauses in the BCCI's contract are clause 5.1, 13.3, 13.4 and 14.1.

Clause 5.1 states:

The competitor [the BCCI] will ensure that all players in its squad and the team selected for each match are the competitor's best players available... at the time of the squad and team selection respectively, accepting as reasons for non-availability of players only insurmountable and verifiable practical issues such as suspension, injury or serious and unavoidable non-commercial reasons such as bereavement of a close family member.

Clause 13.3 states:

The competitor hereby undertakes to cooperate and to procure the cooperation of all squad members with IDI [ICC Development International] and GCC [Global Cricket Corporation] to avoid any conflict between the Commercial Rights and the interest of the competitor and its players, including but not limited to conflicts involving the rights or actions of any team sponsor of player sponsor. In the event of any such conflict arising the competitor shall take all steps reasonably necessary to avoid or alleviate conflict so as to avoid any adverse effect to the value of the Commercial Rights.

The Contract Row: The Full Coverage