HC restrains boxer Vijender from signing deal with Percept
The Delhi HC on Wednesday restrained boxer Vijender Singh, a bronze medalist in the Olympics and the World Boxing Championship, from signing any deal with event management firm Percept Ltd and asked him to be personally present in the court.delhi Updated: Sep 23, 2009 23:19 IST
The Delhi High Court on Wednesday restrained boxer Vijender Singh, a bronze medalist in the Olympics and the World Boxing Championship, from signing any deal with event management firm Percept Ltd and asked him to be personally present in the court.
The court's direction came over a petition filed by celebrity management company Infinity Optimal Solutions (IOS), which claimed before the court that it has an exclusive agreement with the pugilist till September 2015.
"Till the next date of hearing, defendant No 1 (Singh) is restrained from entering into any sports management agreement with defendant no 2 (Percept) or any other third party," a single-member bench of Justice S L Bhayana said. The court also asked him to be present in the court during the next hearing in the case on October 6.
According to IOS, it had spent around Rs 40 lakhs on the boxer before he became famous in Beijing Olympics.
"The CEO of IOS himself saw that a lot of hard work and expense would be required but was confident that he (Singh) would be able to make an exceptional sports person. IOS undertook to provide everything that would be required for the training, coaching etc," said IOS in its petition.
IOS had signed up Vijender Singh in September 2005 for exclusive representation rights for 10 years. As per the agreement all deals/promotion has to be rooted through IOS.
Recently, the boxer had signed a multi-crore rupee deal with Percept, which is being contested by IOS.