Should TamilNadu's 'Jallikattu' be banned?

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For those who have never heard this term, it is just a kind of bull fight as played in Spain and other parts of the world. PETA and other animal welfare organisations here in India have approached the apex court of our country to ban the sport. But still people in our locale fight for unban as they think it is very unfair on their part as it is their right and bulls in this event are treated with due- respect with exception of very few. So given the case will you support this sport or not?