Sunday , December 22 2024

Lalit Modi had to deal heavily with BCCI, court imposed fine of lakhs

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The Bombay High Court has imposed a fine of ₹1 lakh on former Indian Premier League (IPL) commissioner Lalit Modi. The fine was imposed on his petition, in which Modi had asked the Board of Control for Cricket in India (BCCI) to pay a fine of Rs 10.65 crore imposed by the Enforcement Directorate (ED). The court dismissed the petition as “frivolous and frivolous”.

The court adopted a strict stance

The bench of Justice MS Sonak and Justice Jitendra Jain rejected Lalit Modi’s petition and said that BCCI has no public responsibility. The court also made it clear that it was unfair to force BCCI to pay the penalty imposed under the Foreign Exchange Management Act (FEMA). The court said in its order, “The petition is frivolous. It is dismissed and a cost of ₹1,00,000 is imposed on the petitioner. This amount will be given to Tata Memorial Hospital.”

“The matter of alleged compensation in respect of fine imposed by the ED on the petitioner does not pertain to public works. Therefore, no direction (writ) can be issued to BCCI in this matter. Furthermore, the relief sought by the petitioner is completely wrong and unreasonable, the court said. BCCI has been asked to issue a writ to the Enforcement Directorate to pay this amount.

What is the matter?

The case pertains to the IPL held in South Africa in 2009, in which over Rs 243 crore was repatriated out of India in violation of the Foreign Exchange Management Act (FEMA). In 2018, the ED had imposed a total fine of Rs 121.56 crore on several parties including BCCI and then president N Srinivasan in the case. In which a fine of Rs 10.65 crore was imposed on Lalit Modi.