US Edition
Supreme Court Rejects Lalit Modi’s Plea Asking BCCI to Pay ₹10.65 Crore FEMA Penalty
- The Supreme Court rejected former IPL Chairman Lalit Modi's plea seeking an order to compel BCCI to pay a Rs 10.65 crore FEMA penalty today.
- Modi filed the plea after the Bombay High Court dismissed his petition and imposed a Rs 1 lakh cost for seeking indemnification from BCCI for the penalty linked to the 2009 IPL season in South Africa.
- The penalty was imposed by the Enforcement Directorate for alleged violation of FEMA regulations involving over Rs 243 crore transferred abroad in connection with IPL's 2009 television rights deal.
- The Supreme Court bench noted BCCI is not a 'state' under Article 12 and thus not liable for writ jurisdiction, but Modi may pursue civil remedies against BCCI; the High Court called his petition frivolous and wholly misconceived.
- The rejection upholds that BCCI need not indemnify Modi for the penalty, leaving Modi to seek civil court action while he complies with Rs 1 lakh costs directed by the High Court.
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Supreme Court rejects Lalit Modi’s plea asking BCCI to pay ₹10.65 crore FEMA penalty
Lalit Modi sought to make BCCI liable for a ₹10.65 crore FEMA penalty imposed on him by the Enforcement Directorate. The Supreme Court rejected Modi’s plea, allowing him to seek civil remedies but refusing to direct BCCI to pay.
·New Delhi, India
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Supreme Court dismisses Lalit Modi's plea against BCCI penalty, directs him to pay ₹1 lakh to Tata Memorial Hospital.
·India
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Total News Sources20
Leaning Left4Leaning Right4Center3Last UpdatedBias Distribution36% Left, 36% Right
Bias Distribution
- 36% of the sources lean Left, 36% of the sources lean Right
36% Right
L 36%
C 27%
R 36%
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