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Former IPL chairman Lalit Modi on Wednesday said he plans to visit India later this year or early next year after receiving major legal relief from the Appellate Tribunal in the long-running 2009 IPL South Africa foreign exchange case, describing the ruling as the vindication of a 16-year battle. In a video message posted on social media, Modi said the tribunal's verdict had finally established the truth behind his stand on the case. "I'm really happy with the verdict. It's really been a great day. Sixteen years I have fought and whatever I have been saying to the media and to everybody has finally emerged as the truth," Modi said.
A Delhi court on Thursday granted bail to Samir Modi -- a relative of fugitive businessman Lalit Modi -- who was arrested in a rape case. Additional sessions judge Vipin Kharb granted him bail on a bond of Rs 5 lakh and other conditions during the in-camera proceedings, a source said. A detailed order is awaited. According to the FIR, the complainant accused Samir Modi of repeatedly raping and threatening her, and cheating on her since 2019. It said Samir Modi allegedly approached the complainant on the pretext of offering career opportunities in the fashion and lifestyle industry and later forced himself on her at his residence in New Friends Colony in December 2019.
The Bombay High Court has imposed a cost of Rs 1 lakh on former cricket administrator Lalit Modi and dismissed his petition seeking an order to Board of Control for Cricket in India (BCCI) to pay penalty of Rs 10.65 crore imposed on him by the ED for violating Foreign Exchange Management Act (FEMA). A division bench of Justices M S Sonak and Jitendra Jain, in its order of Thursday, said the petition was "frivolous and wholly misconceived" as the adjudication authority under the FEMA has imposed the penalty on Modi. Modi in his plea said he was appointed as BCCI vice president, during which period he was also chairman of Indian Premier League governing body, a subcommittee of the BCCI. The plea claimed the BCCI is supposed to indemnify him as per bylaws. The HC bench, however, referred to a Supreme Court judgment of 2005 which said the BCCI does not fall under the definition of 'State' as defined under Article 12 of the Constitution of India. Despite clear orders from the apex ...