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BCCI, Lalit Modi get relief in 2009 IPL FEMA case
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The SAFEMA Appellate Tribunal quashed or reduced penalties against BCCI and Lalit Modi in the 2009 IPL FEMA violation case, citing the general election as the reason for shifting the tournament to South Africa.
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BCCI, Lalit Modi get relief in 2009 IPL FEMA case
The SAFEMA Appellate Tribunal has either quashed or reduced penalties against the Board of Control for Cricket in India (BCCI) and its office-bearers, including Lalit Modi, in the 2009 FEMA violation case. The tribunal's decision relates to the shift of the IPL Season 2 to South Africa due to the general election in India. The tribunal's ruling provides relief to the BCCI and its officials after years of legal proceedings. The case stemmed from the financial implications of moving the tournament abroad.
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