Supreme Court Dismisses Percept Challenge to ₹14.49 Crore Award in Sourav Ganguly's Favour

The Supreme Court refused to entertain Percept Talent Management's appeal against a Calcutta High Court judgment upholding a ₹14.49 crore arbitral award in favour of Sourav Ganguly.

What happened

The Supreme Court refused to entertain Percept Talent Management's appeal against a Calcutta High Court judgment upholding a ₹14.49 crore arbitral award in favour of Sourav Ganguly. The dispute arose from a 2003 player-representation agreement governing Ganguly's commercial and endorsement engagements. The arbitral tribunal had ruled for Ganguly, awarded interest and costs, and rejected Percept's attempt to include his Kolkata Knight Riders playing income within the revenue-sharing arrangement. The High Court declined to interfere with the award. The Supreme Court's dismissal leaves that result undisturbed and reinforces the limited scope for judicial interference with arbitral findings under the Arbitration and Conciliation Act.

Legal significance

The legal effect is confined to the present ruling or procedural development. Allegations and submissions are not treated as established facts.

What follows

The matter proceeds according to the operative judicial or statutory process described above.

Source: Original report