person · 3 records
Lalit Modi
Appellate tribunal sets aside penalties against Lalit Modi and BCCI officials
An appellate tribunal has set aside penalties imposed on former IPL chairman Lalit Modi and other former BCCI officials in connection to the IPL 2009 foreign-exchange case.
1 outlet
Tribunal quashes FEMA violation charges against former IPL chairman Lalit Modi
Lalit Modi, former IPL chairman, received legal relief from a 2009 FEMA case regarding IPL's South Africa tour and announced plans to return to India after 16 years abroad.
3 outlets · 2 languages Markets read
Tribunal sets aside ED penalty against Lalit Modi in FEMA case
The Appellate Tribunal under the SAFEMA Act has set aside the Enforcement Directorate's penalty against IPL founder Lalit Modi in the 2009 FEMA case, prompting his announcement to return to India after 16 years.
3 outlets