SportsTimes of India
'Chapter is behind me': Lalit Modi says he'll return to India soon
in5points
Lalit Modi plans to return to India by end of 2026 or early 2027.
The SAFEMA Appellate Tribunal set aside most Enforcement Directorate findings and penalties in the 2009 IPL South Africa FEMA case.
The case involved alleged unauthorized foreign exchange transfers of $49.86 million during the 2009 IPL season.
Modi stated he fought the case for 16 years and feels vindicated by the tribunal's verdict.
The tribunal's order was issued on July 16, 2026, by a division bench under SAFEMA.
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