"ASSETS" - Attorneys at Law
Vinoba Loganathan, Pondicherry
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Thursday, August 15, 2024
Sunday, June 24, 2012
Wednesday, June 20, 2012
DHONI HIGHEST EARNING ASIAN SPORTS PERSONALITY
Dhoni earns more than Rooney & Bolt
Team India captain Mahendra Singh Dhoni has pipped the likes of Manchester United star Wayne Rooney and ‘ Sprint King’ Usain Bolt in the latest list of the 100 highest- paid athletes for the year 2011- 12 released by Forbes magazine on Monday.
According to the list, Dhoni is ranked 31st, ahead of Rooney (37th with $ 24.3 mn), Bolt (63rd with $ 20.3 mn), tennis World No. 1 Novak Djokovic (62nd with $ 20.6 mn) and even batting legend Sachin Tendulkar (78th).
Of his total earnings of $26.5 million ( approximately Rs 145.7 cr), Dhoni earned $ 23 mn ( Rs 126.5 cr) through endorsements. Tendulkar earned $ 18.6 million ( Rs 102.3 cr ) with $ 16.5 mn ( Rs 90.7 cr) from endorsements in the past year.
Interestingly, the Indian captain’s earnings through endorsements are more than that of Portugal captain Cristiano Ronaldo and Argentine football star Lionel Messi.
Ronaldo, who is ninth in the overall list, raked in $ 1 million less than Dhoni, while Messi — 11th in the list with total earnings of $ 39 million — earned $ 19 million from endorsements which is $ 4 million less than that by Dhoni. This proves that despite cricket not being as popular as football or tennis, the sheer market size of India has put Dhoni above many of the more renowned athletes.
Serbian tennis ace Djokovic — the winner of six Grand Slams singles titles — is 62nd on the money list with $ 20.6 million to his name in the past year, while Olympic 100m champion Usain Bolt is 63rd with total earnings of $ 20.3 million.
Maria Sharapova is the richest among women’s sportspersons at 26th position with earnings of $ 27.9 million.
Boxers Floyd Mayweather and Manny Pacquiao topped the Forbes list. Mayweather, who ranks No. 1 for making $ 85 million off two fights last year, is serving a three- month jail sentence for domestic battery in Las Vegas.
Pacquiao, second on the list at $ 62 million from earnings and endorsements, lost to US fighter Tim Bradley on July 9.
Tiger Woods, who had topped the Forbes list since 2001, fell to third this time with $ 59.4 million, his earnings off $ 16 million from the previous year and by half since his peak in 2009, mostly due to lost endorsement deals following his sex scandal. Miami Heat star LeBron James ranks fourth at $ 53 million, the highest of 13 basketball players and on the list.
Swiss tennis star Roger Federer was fifth at $ 52.7 million followed by NBA star Kobe Bryant at $ 52.3 million, US golfer Phil Mickelson at $ 47.8 million, English football star David Beckham of the Los Angeles Galaxy at $ 46 million and Portuguese football star Cristiano Ronaldo at $ 42.5 million.
American football star Peyton Manning, of Denver Broncos, ranks 10th overall with his earnings of $ 42.4 million.
courtesy: www.yahoo.com
Saturday, May 26, 2012
Payment of Court Fees - In Appeal
2010(4) CURRENT TAMILNADU CASES – Page 483 – Payment of
Court Fees in Appeal
Tamil
Nadu Court Fees and Suits Valuation Act, 19 (T.N. Act 14 of 1955) – Suit for
maintenance, filed by children, decreed in part – Suit file as in-forma
pauperis – Question whether defendant father is liable to pay court-fees on
entire amount claimed in suit or to extent to which suit is decreed – Though
claim was Rs. 250/- per month each, suit was decreed for Rs. 150/- per month
each – Since suit laid as a pauper suit, defendant was directed to pay
court-fees – Defendant has to pay court-fee only to extent to which court below
granted relief to plaintiffs and not for entire amount as claimed in plaint –
Appeal partly allowed.
Civil Procedure Code - COSTS
2010 (4) CURRENT TAMILNADU CASES – Page 546 – SUPREME
COURT
Sections
9, 35, 35-A, 35-B, Order 7 Rule 11, Order 14 Rule 2, Order 17 Rules 2 & 3 –
Every person has right to approach civil court seeking remedy if suit is
of civil nature – Civil procedure code makes enough safeguards against frivolous
or vexatious suits – Such safeguards are found in sections 35, 35-A & 35-B,
Order 7 Rule 11, Order 17 Rules 2 & 3 – Section 35 provides for costs an
section 35-A provides for levy of compensating costs in respect of false an
vexatious claim – Order 7 Rule 11 provides for rejection of Plaint if it fails
to disclose cause of action or barred by any law – Issue relate to jurisdiction
or any bar create by law can be tried as preliminary issues – Costs could be
levied under section 35-B or action under Order 17 Rules 2 & 3 could be
taken to punish erring plaintiff – Normal principle is that costs follow event.
Sections
35, 35-A & 35-B – Costs – Principles behind – Imposition
of costs should act as deterrent for filing vexatious an speculative suits –
Costs are impose to ensure strict adherence of CPC, Evidence Act and to ensure
parties to do not adopt delaying tactics – Costs should provide adequate
indemnity to successful litigant – Actual costs must be aware as distinguished
from nominal, fixed or unrealistic costs – Costs should induce persons to
resort to alternative dispute resolution – Cost should not, however, prevent
access to justice – Section 35-A has become virtually ineffective an
infructuous in view of inflation – Law commission requested to re-visit these
provisions – Section 35 does not impose ceiling on costs – Courts can levy
costs following results – Non-levy of costs should be supported by reasons –
Suggestion regarding appropriate amendments to civil rules of practice given.
Tuesday, April 24, 2012
Sec. 138 - Evidence of Accused through Affidavit whether permissible
2010(1) CURRENT
TAMILNADU CASES – Page 693 – SUPREME COURT
Negotiable Instruments Act,
1881 (26 of 1881), Section 145 – Can complainant’s witness
be compelled to depose in chief-examination after adducing evidence on
Affidavit – Sections 143 to 147 of Negotiable Instruments Act establishes simplified
procedure for trial of cases relating to dishonored cheques and such procedure
is intended to be swifter that summary trials – Affidavit filed by complainant’s
witness on evidence constitutes examination-in-chief and he can be summoned and
subjected to cross-examination only – Complainant can summon such witness for
re-examination only – Complainant can summon such witness for re-examination –
Such witness filing affidavit on evidence can be summoned on objection
regarding validity, sufficiency of proof of documents submitted along with
affidavit on evidence.
Person accused of an
offence under Section 138 of cannot give evidence on affidavit –
There is difference between nature of complainant’s evidence of accused in case
of dishonoured cheque – Defence evidence cannot be equated with complainant’s
evidence and accused cannot give evidence on affidavit in dishonoured cheques.
Sunday, April 8, 2012
Fresh Suit barred
2012 (2) CURRENT TAMILNADU CASES – Page 543
Order 9 Rules 9 and 8 of CPC – Decree against Plaintiff by default bars fresh suit – Plaintiff filed suit for permanent injunction – Plaintiff predecessor in title had already filed similar suit against defendant and same was dismissed for default – Held, any suit is dismissed for default, plaintiff is precluded from bringing fresh suit on same cause of action – Whether bar created under Order 9 Rule 9 of CPC would also be applicable to assignee or a transferee of plaintiff who instituted earlier suit and dismissed for default – Bar under Order 9 Rule 9 can be invoked against legal representative or assignees or transferees of plaintiff, who filed earlier suit.
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