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16 Sep 2019, Edition - 1525, Monday

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Coimbatore

Dipika Pallikal wins Rs 19.48L in arbitration

Covai Post Network

An Arbitral Tribunal at the Madras High Court Arbitration Centre has passed an award in favour of Squash Champion Dipika Pallikal Karthik over a payment dispute arising out of a Brand Endorsement Agreement with Borg Energy India Pvt. Ltd.

Dipika Pallikal had moved Madras High Court in 2015 for the appointment of an Arbitrator over a payment dispute arising out of a brand endorsement.

The Chief Justice appointed Retd. District Judge V.Subramanian as the Arbitrator. The dispute pertained to the non-payment of the third year’s brand endorsement fee of Rs.10 lakh for the year 2015-16.

Dipika had filed 5 claims — the endorsement fee for sporting the company logo in her apparel, non-remittance of income tax deducted at source, service tax, compensation for mental agony and legal costs.

The Sole Arbitrator accepted all the claims and awarded a sum of Rs.19.48 lakh plus interest of 12% till the date of payment. The company has been given 3 months to make the payment.

Expressing satisfaction over the award, Dipika said, “whether it’s a question of pay parity for women sportspersons or brand building exercises through sportspersons, it’s a principle of fairness that I have always fought for. Not just for myself but for the sporting fraternity at large.”

Dipika’s lawyer Sanjay Pinto said that the Award would send out a clear message to business houses to honour their contractual obligations in brand endorsement agreements with celebrities.

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