Lalit Modi looks forward to India return after tribunal quashes ED penalties
The appellate tribunal in New Delhi quashed penalties imposed by the Enforcement Directorate (ED) on Lalit Modi, allowing him to consider returning to India after over a decade abroad. The tribunal rejected the ED's findings related to Foreign Exchange Management Act violations linked to the 2009 IPL tournament in South Africa, stating the ED's arguments were not acceptable. Modi expressed his eagerness to return, marking this decision as a significant conclusion to his legal battles stemming from the IPL's relocation.