Step 1: Understanding the polarising angle.
The polarising angle \( \theta \) is related to the refractive index \( n \) by the Brewster's Law, which states that \( \tan \theta = n \). The refractive index is also related to the speed of light in different mediums by the formula \( n = \frac{c}{v} \), where \( c \) is the speed of light in vacuum and \( v \) is the speed in the medium.
Step 2: Deriving the formula.
By substituting the refractive index \( n = \frac{c}{v} \) into Brewster's Law, we get:
\[
\tan \theta = \frac{c}{v} \Rightarrow \theta = \cot^{-1} \left( \frac{v}{c} \right)
\]
Step 3: Conclusion.
Thus, the correct relation is \( \theta = \cot^{-1} \left( \frac{v}{c} \right) \), which corresponds to option (C).