Digital Collectibles Pte Ltd. vs Galactus Funware Technology Private Limited

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2023 Supreme(Del) 547

AMIT BANSAL
Digital Collectibles Pte Ltd. – Appellant
Versus
Galactus Funware Technology Private Limited – Respondent

Advocate Appeared:
Mr. Sandeep Sethi and Mr. Rajshekhar Rao, Senior Advocates with Ms. Shwetasree Majumder, Mr. Aditya Verma, Mr. Prithvi Singh, Mr. Rohan Krishna Seth, Ms. Parkhi Rai and Mr. Rigved Prasad, Advocates.
For the Defendant :Mr. Dayan Krishnan, Sr. Advocate with Ms. Raj Latha Kotni, Mr. Anuridh Ramanathan and Mr. Anoop George, Advocates, Mr. Amit Sibal, Senior Advocate with Mr. Maanav Kumar, Ms. Tara Narula, Ms. Nupur, Ms. Bijaharini G, Mr. Rishab Sharma and Mr. Saksham Dhingra, Advocates,
For All India Gaming Federation/Intervener:Mr. Akhil Sibal, Senior Advocate with Mr. Aditya Gupta, Ms. Kruttika Vijay, Mr. Dhruv Garg, Mr. Utkarsh Srivastava, Mr. Rahul Bajaj, Mr. Sauhard Alung and Ms. Sanya Kumar, Advocates, Ms. Shilpa Gamnani and Mr. Nishtha Chaturvedi, Advocates for Intervener in I.A. 4443/2023

JUDGMENT :

AMIT BANSAL, J.

Introduction

1. The present case highlights the exponential growth of Online Fantasy Sports [hereinafter “OFS”] in India. As per a report prepared by Deloitte Touche Tohmatsu India LLP and the Federation of Indian Fantasy Sports in the year 2022, the OFS market in India has (i) over thirteen crore users in the country already; (ii) provided over 5,000 indirect jobs with the potential to create more employment opportunities in the future; and, (iii) created opportunities for investment and commerce through sponsorships, partnerships and the like[FIFS & Deloitte, Fantasy Sports : Creating a virtuous cycle of sports development 8,20-37(2022)]. In 2020, the Niti Aayog, in its discussion paper focused toward identifying the OFS space in India, highlighted the exponential growth in the Indian OFS market and made recommendations on how to navigate the unchartered waters of online fantasy sports gaming[NITI Aayog, Guiding Principles for the Uniform National-Level Regulation of Online Fantasy Sports Platforms in India draft for discussion 1-4 (2020)]. As recent as 6th April, 2023, after judgment was reserved in the present case, even the Central Government has notifi

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2023 Supreme(Del) 547

AMIT BANSALDigital Collectibles Pte Ltd. – AppellantVersusGalactus Funware Technology Private Limited – Respondent

Cases Referred (7)

AMIT BANSAL
Digital Collectibles Pte Ltd. – Appellant
Versus
Galactus Funware Technology Private Limited – Respondent