Supreme Court rejects Lalit Modi’s indemnity plea

New Delhi

The Supreme Court has dismissed a plea by former IPL chairman Lalit Modi, who wanted the BCCI to pay a penalty of ₹10.65 crore imposed on him under the Foreign Exchange Management Act (FEMA). The court said it would not interfere with the earlier Bombay High Court decision that rejected Modi’s request.

Modi claimed the Board of Control for Cricket in India (BCCI) should cover the fine, saying its rules promise to protect office bearers from financial losses during official duties. He had been BCCI Vice President from 2005 to 2010 and IPL Chairman from 2007 to 2010.

However, the Supreme Court said Modi can still try other legal options like filing a civil suit. The Bombay High Court had earlier called his petition “misconceived” and fined him ₹1 lakh.

Lalit Modi was suspended by the BCCI in 2010 and banned for life in 2013 after being found guilty of misconduct and financial irregularities. The BCCI has already indemnified other officials, which Modi said was unfair.