Lalit Modi 'looking forward to coming back to India' after appellate tribunal sets aside penalties
An appellate tribunal has set aside penalties imposed on the former IPL chairman and other former BCCI officials in connection to the IPL 2009 foreign-exchange case, and Lalit Modi said he was 'looking forward to coming back to India'.
The legal development was reported on 2026-07-23 and concerns actions taken after the IPL 2009 foreign-exchange case. The penalties had been levied against Lalit Modi in his capacity as former IPL chairman, along with measures against other former BCCI officials. The appellate tribunal reviewed those measures and reached a decision to overturn them. The ruling removes the sanctions that had been associated with the matter dating back to 2009.
The tribunal’s order specifically set aside penalties that had been imposed in relation to the IPL 2009 foreign-exchange case; details of the original penalties were part of the prior administrative process. The decision affects Modi and the group of former BCCI officials named alongside him. The legal relief represents a reversal of the earlier administrative position and changes the official consequences that had been recorded against the individuals involved.
Following the tribunal’s decision, Lalit Modi publicly reacted to the outcome, stating he was 'looking forward to coming back to India'. That remark was presented as his immediate response to the legal development. No new actions by Indian cricket authorities were announced in conjunction with the tribunal’s order in the reporting on 2026-07-23.
The matter traces to dealings and regulatory scrutiny from the period around the 2009 Indian Premier League season, which prompted the foreign-exchange case. Penalties arising from that inquiry had remained a salient part of the public record concerning the parties involved. With the appellate tribunal’s intervention, those recorded penalties have been removed, altering the formal status of the individuals concerned.
The appellate tribunal’s decision and Lalit Modi’s statement together mark a significant shift in the long-running administrative and legal narrative tied to the IPL 2009 foreign-exchange case. The removal of penalties and Modi’s declaration that he is 'looking forward to coming back to India' close a chapter of sanctioning that had persisted since the earlier proceedings.
