US EditionSupreme Court Rejects Lalit Modi’s Plea Asking BCCI to Pay ₹10.65 Crore FEMA Penalty
- The Supreme Court rejected Lalit Modi's plea asking the BCCI to pay a ₹10.65 crore penalty imposed by the Enforcement Directorate for violating the Foreign Exchange Management Act .
- The Bombay High Court dismissed Modi's previous petition, calling it 'frivolous and wholly misconceived' and fined him ₹1 lakh for legal costs.
- Modi argued that the BCCI should indemnify him based on their bylaws, but the court ruled that the BCCI does not qualify as a 'state' under Article 12 of the Constitution.
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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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Total News Sources18
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
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