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Ex-IPL chairman Lalit Modi fined Rs 1 lakh by Bombay HC for asking BCCI to pay Rs 10.76 cr penalty to ED

Ex-IPL chairman Lalit Modi fined Rs 1 lakh by Bombay HC for asking BCCI to pay Rs 10.76 cr penalty to ED

The ED had imposed a penalty of Rs 10.76 cr on ex-IPL chairman Lalit Modi for violating the Foreign Exchange Management Act (FEMA)

Former Indian Premier League (IPL) chairman Lalit Modi has been imposed a fine of Rs 1 lakh by the Bombay High Court for seeking BCCI to pay a penalty to the Enforcement Directorate (ED). A division bench of Justices M S Sonak and Jitendra Jain ruled that Modi’s petition was “frivolous and wholly misconceived”. The ED had imposed a penalty of Rs 10.76 cr on Lalit Modi for violating the Foreign Exchange Management Act (FEMA).

Lalit Modi fined by HC for asking BCCI to pay penalty to ED

In his plea filed in the Bombay HC, Lalit Modi had claimed that he was appointed as the vice-president of BCCI during which he was also the chairman of the governing council of IPL. The ex-administrator claimed that he was supposed to be indemnified as per the BCCI bylaws. The Court had pointed out that the BCCI did not fall under ‘State’ as defined by the Constitution of India while referring to a judgement passed by the Supreme Court in 2005.

In matters of alleged indemnification of the petitioner (Modi) in the context of penalties imposed upon the petitioner by the ED, there is no question of discharge of any public function, and therefore, for this purpose, no writ could be issued to the BCCI,” HC said.

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Further, the court reprimanded Lalit Modi for approaching the HC despite the SC passing clear orders earlier. The HC asked him to pay a fine of Rs 1 lakh to the Tata Memorial Hospital within four weeks from the ruling.

In any event, the reliefs are wholly misconceived. This petition is frivolous, and accordingly, we dismiss this petition,” the court said

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