https://www.taxtmi.com/caselaws?id=200277 The High Court of Bombay determined that the agreement between the wrestlers did not constitute gaming or wagering. The Court found that the funding for the agreement came from the public, not the parties themselves, distinguishing it from typical wagering scenarios. Additionally, the Court concluded that the agreement did not align with the characteristics of a wagering agreement as the loser did not stand to lose anything of his own. Therefore, the Court dismissed the application, ruling that the agreement was not a wagering arrangement under the law. en-us Wed, 03 Sep 1930 00:00:00 +0530 Sat, 24 Mar 2018 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200277 The High Court of Bombay determined that the agreement between the wrestlers did not constitute gaming or wagering. The Court found that the funding for the agreement came from the public, not the parties themselves, distinguishing it from typical wagering scenarios. Additionally, the Court concluded that the agreement did not align with the characteristics of a wagering agreement as the loser did not stand to lose anything of his own. Therefore, the Court dismissed the application, ruling that the agreement was not a wagering arrangement under the law. Case-Laws Indian Laws Wed, 03 Sep 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200277