Lalit Modi secures legal victory as tribunal overturns 2009 ED case findings
Yahoo Sports • 1 min read • Latest: Jul 21, 2026, 2:52 PM
Last updated Jul 21, 2026
On July 21, 2026, Lalit Modi announced a significant legal win as the SAFEMA Appellate Tribunal overturned key findings from the Enforcement Directorate's 2009 case against him. The tribunal reportedly found that Modi bore no responsibility for the BCCI's FEMA compliance related to the IPL's hosting in South Africa. Modi claimed this ruling dismantles the basis of the ED's allegations, asserting that the tribunal characterized the transactions as current account rather than capital account. While this ruling is seen as a major vindication for Modi, it does not guarantee a return to Indian cricket and the ED may still challenge the decision in court.
- •Lalit Modi claims success in overturning penalties from 2009 IPL ED case.
- •The tribunal found he had no compliance responsibilities for BCCI.
- •Modi argues that the remittances were current account transactions.
- •The Enforcement Directorate retains the option to contest the ruling.
- •Modi was expelled from the BCCI for life in 2013 amid separate allegations.
- 10:49 AMYahoo Sports — Legal relief for ex-BCCI officials, including Lalit Modi, as tribunal quashes ED penalties in IPL 2009 case
- 2:52 PMYahoo Sports — Sixteen years after IPL 2009 ED case, Lalit Modi claims biggest legal win as tribunal overturns key findings
"Former IPL chairman Lalit Modi has claimed a major legal victory after the Appellate Tribunal under SAFEMA set aside penalties imposed on him in connection with the 2009 Indian Premier League held in South Africa. The ruling came after more than 16 years of investigations and legal proceedings. According to Modi, the tribunal rejected the Enforcement Directorate's main argument by ruling that the foreign remittances linked to IPL 2009 were current account transactions, not capital account transactions.
"In a twist that surprised anyone following the case, the tribunal reportedly overturned the 2009 ED court's rulings against IPL founder Lalit Modi.
Sources
External links- Yahoo SportsJul 22, 2026, 10:49 AMLegal relief for ex-BCCI officials, including Lalit Modi, as tribunal quashes ED penalties in IPL 2009 case
Former IPL chairman Lalit Modi has claimed a major legal victory after the Appellate Tribunal under SAFEMA set aside penalties imposed on him in connection with the 2009 Indian Premier League held in South Africa. The ruling came after more than 16 years of investigations and legal proceedings. According to Modi, the tribunal rejected the Enforcement Directorate's main argument by ruling that the foreign remittances linked to IPL 2009 were current account transactions, not capital account transactions.
- Yahoo SportsJul 21, 2026, 2:52 PMSixteen years after IPL 2009 ED case, Lalit Modi claims biggest legal win as tribunal overturns key findings
In a twist that surprised anyone following the case, the tribunal reportedly overturned the 2009 ED court's rulings against IPL founder Lalit Modi.
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