Karnataka HC quashes FIR against Dream11 co-founders
PTI, Mar 5, 2022, 5:05 PM IST
In a major development in India’s Fantasy Sports industry, an FIR filed against Dream11 co-founders Harsh Jain & Bhavit Sheth at Bangalore, Karnataka has been quashed by the Karnataka High Court on the grounds that in view of a division bench’s order striking down several provisions of Karnataka Police (Amendment) Act, 2021, nothing remains in the FIR. This removes all the impediments for the Fantasy Sports Business in the State.
Earlier in the year, Karnataka High Court had struck down several provisions inserted by the Karnataka Police Amendment Act in 2021 holding them to be ultra vires the Constitution.
Senior Advocate Gopal Jain commenting on this development, said, “Several High Courts are gradually but steadily recognising the distinction between Fantasy Sports and games of chance, gambling, betting and wagering.
The FIR registered by Karnataka Police against Dream11 founders was quashed in court today, signalling another positive step toward deeming India’s sunshine sector legal. Such moves will enable more investment in the Fantasy Sports industry, which has already extensively contributed to creating a deeper engagement with sports.”
The Supreme Court of India had already taken a similar position in August 2021. It dismissed an appeal against a Rajasthan High Court decision and stated that Fantasy Sports platforms involve skill and do not account to gambling.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Protest in Mangaluru condemns arrest of Chinmoy Krishnadas Prabhu in Bangladesh
BJP slams move to make Karnataka CM as RDPR varsity chancellor replacing Guv
Karnataka cabinet expansion unlikely: Shivakumar
Security guard killed in hit-and-run incident in Kengeri
Siddaramaiah meets PM Modi, seeks urgent clearances for two irrigation projects
MUST WATCH
Latest Additions
Protest in Mangaluru condemns arrest of Chinmoy Krishnadas Prabhu in Bangladesh
Doctor-population ratio in country is better than WHO standard: Nadda
Sensex, Nifty rebound after deep plunge to settle nearly 1 pc higher
BJP slams move to make Karnataka CM as RDPR varsity chancellor replacing Guv
Heavy rains expected in north, central Kerala in next few days
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.