Page 2 - Lalit Modi

Lalit Modi tenders unconditional apology; SC closes contempt case

The Supreme Court on Monday closed contempt proceedings against ex-IPL commissioner Lalit Modi after he tendered an unconditional apology for his remarks against the judiciary in social media posts. A bench of Justices MR Shah and CT Ravikumar took note of an affidavit filed by Modi in which he stated that in future he will not do anything which is inconsistent with the "majesty or dignity of Courts or Indian judiciary" in any manner. "We accept the unconditional apology. We remind the respondent (Modi) that any such attempt on his part in future, which would tantamount to remotely tarnishing the image of Indian judiciary and courts, will be seen very seriously," it said. "We accept the unconditional apology with a broad heart because the Court always believes in forgiveness more particularly when an apology is tendered unconditional and from the bottom of the heart...Accepting the apology we close the present proceedings," the bench said. The court said, "Everybody should respect

Not above law, tender unconditional apology: SC to Ex-IPL chief Lalit Modi

The Supreme Court on Thursday directed the former IPL commissioner, Lalit Modi to tender an unconditional apology on social media and also in leading national newspapers

Look forward to..., Lalit Modi says will take Rahul Gandhi to court in UK

IPL founder and ex-chairman Lalit Modi on Thursday in a series of acerbic tweets lashed out at Rahul Gandhi stating that he will take the Congress leader to court in the United Kingdom over allegation

'Global scamsters' coming to PM's defence: Congress on Lalit Modi's tweets

The Congress on Thursday used embattled IPL founder Lalit Modi's tweets threatening to take Rahul Gandhi to court, to attack the BJP and said that "global scamsters" were now coming to the defence of Prime Minister Narendra Modi. Former IPL chief Lalit Modi, accused of financial irregularities in India, launched a scathing attack on Rahul Gandhi on Thursday, and also hit out at the Congress party for referring to him as a "fugitive of justice" even though he had never been convicted of any charges. Reacting to his remarks, Congress general secretary in-charge organisation K C Venugopal said,"Lalit Modi is a fugitive in multi-million dollar frauds whose cowardice made him run away. He now enjoys a plush life abroad thanks to BJP's inaction. It's laughable if he thinks anyone takes him seriously." "A new low for PM Modi, that global scamsters are coming to his defence," Venugopal said. Taking a dig at the BJP, Congress' media and publicity department chief Pawan Khera said,"Is now Sa

SC refuses to pass order on plea against Lalit Modi's 'scurrilous' remarks

The Supreme Court on Friday refused to pass any order on a plea alleging that former IPL commissioner Lalit Modi made "scurrilous" remarks against former attorney general and senior advocate Mukul Rohatgi in a social media post. A bench of Justices Sanjiv Khanna and M M Sundresh said parties are mature enough not to make such statements and asked the lawyers to sort out the issue. "It is nothing but extension of outburst of a family member. Don't take it too far. Whenever you start fighting out in public, it is always detrimental...We are not passing orders but you use your good office to ensure that remedial measures are taken," the bench observed orally. On August 1 last year, the Supreme Court appointed former apex court judge Justice R V Raveendran as a mediator to settle a family property dispute involving the former IPL head and his mother Bina Modi. Senior advocate Rohatgi is one of the counsels representing Bina Modi in the vexatious property dispute. At the outset, senior

SC to hear plea against Lalit Modi for remarks against ex-AG Rohatgi

The ex-IPL commissioner, in his Instagram post, had made some comments about Rohatgi. Later, though another post, he reportedly apologised to the senior advocate

Lalit Modi names his son as successor beneficiary in KK Modi Family Trust

Former IPL Chairman Lalit Modi on Sunday announced his son Ruchir Modi as his successor beneficiary from his family's side in the KK Modi Family Trust with immediate effect. In a social media post, Modi who has been involved in a legal tussle against his mother Bina Modi and sister Charu over a property dispute in the family, also announced his son as the head of his branch of the family. "The present litigation with my mother and sister, is tedious, strenuous and has gone on for long, and even though there have been several rounds of discussions for settlement, there is no end in sight. It has caused and continues to cause me immense distress," he said in a statement shared on Instagram. Modi, who had earlier shared about his health condition due to COVID-19 infection and pneumonia, requiring external oxygen support in London having been flown from Mexico City, said he had discussed the matter of appointing his son as his successor with daughter Aliya. "I have discussed this with

Former IPL chief Lalit Modi hospitalised, placed on oxygen support

Former IPL chairman Lalit Modi was admitted to the hospital after a corona infection and pneumonia attack and has been placed on external oxygen support

India at 75: Gupta to Mallya - 6 leaders who began well but lost their way

They started something big, different and new. But somewhere down the line, they lost their way, even landed on the wrong side of the law. Here's a look at six high-fliers who fell from grace

Fugitive Lalit Modi announces courtship with actress Sushmita Sen

Lalit Modi shared the news on social media with a series of pictures on Twitter, calling Sushmita Sen his "better half"

Lalit Modi shares pictures with Sushmita Sen, calls her 'my better half'

The former IPL chairman said in another tweet, 'Just for clarity. Not married - just dating each other'

List of fugitive economic offenders in India does not end with Vijay Mallya

In reply to Lok Sabha in 2020, SP Shukla said 72 Indians charged with financial irregularities have been living abroad. The list includes names like Nirav Modi, Mehul Choksi and Lalit Modi

IPL founder Lalit Modi cleared of 'misrepresentation' by UK court

Being socially acquainted with London-based Modi, Maag was invited to invest in a first friends and family round of fundraising for USD 2 million

IPL founder Lalit Modi fights legal challenge in UK court

A former Indian model-turned-investor, Gurpreet Gill Maag, has filed a legal challenge in the High Court in London seeking damages amounting to millions of dollars from IPL founder Lalit Modi

SC appoints two former judges as mediators for Lalit Modi, mother

A bench headed by Chief Justice N V Ramana okayed the names of former apex court judges Justices Vikramjit Sen and Kurian Joseph as mediators.

SC suggests mediation to Lalit Modi, mother Bina amid family dispute

The Supreme Court suggested mediation to Lalit Modi and his mother Bina Modi, wife of late industrialist K K Modi, to resolve the long pending property dispute in the family

Lalit Modi takes dig at BCCI, says even betting firms can buy IPL teams

The former IPL chairman on Tuesday made serious allegations against one of the owners of two new teams

IPL founder Lalit Modi faces $7-mn High Court case in UK: Report

The London-based founder of the Indian Premier League (IPL), Lalit Modi, is facing an approximately $7-million legal challenge in the High Court in England

Bina Modi's plea against son Lalit's Singapore arbitration maintainable: HC

Lalit Modi contended that after the demise of his father KK Modi a sale of all assets of the trust has been triggered and distribution to beneficiaries has to occur within one year thereof

Lalit Modi's son Ruchir escalates fight in Godfrey Phillips India

Writes to NSE, BSE again, questioning appointment of Bina Modi as firm's president and MD