Re: compensation 490,000pound, not 90000pounds, modi to pay
by MONICA on Mar 26, 2012 05:04 PM
The axed IPL Commissioner lost a libel case to former New Zealand [ Images ] cricketer Chris Cairns [ Images ] on Monday and will have to pay 90,000 pounds (app Rs 73 lakh) in damages to the all-rounder. Neither party was present when the verdict -- which is open to appeal -- was announced in the High Court in London [ Images ].
After hearing the arguments from both sides in a nine-day trial, Justice David Bean of the London High Court ruled in favour of Cairns. Justice Bean, who was hearing the case without a jury, also awarded Cairns 400,000 pounds in interim costs, which Modi will have to pay within 28 days.
Re: Re: compensation 490,000pound, not 90000pounds, modi to pay
by MONICA on Mar 26, 2012 05:08 PM
90,000 pounds also, The embattled administrator will now have to cough up a part of the damages within the next 28 days
so, the total has to pay within 28 days: damages interim cost : 90,000 400,000 = 490,000 pound
Re: Re: compensation 490,000pound, not 90000pounds, modi to pay
by Nirpinder Singh on Mar 26, 2012 05:10 PM
That is right. Four lakh Ninety Hazaar GBP. Aj de rate te Three Crore ate Twenty Six Lakh INR