Lalit Modi transferred his 2,000 shares worth Rs 114,000,0 (as of Friday) in his name to son Ruchir Kumar Modi.
Former IPL commissioner Lalit Modi came down heavily on the three-member Disciplinary Committee, probing alleged irregularities against him, on Tuesday, saying the panel has made a 'mockery of the proceedings'.
It is a little amusing to know that Chirayu Amin, the newly-appointed interim chief of the Indian Premier League, enjoys an image that is in total contract to that of his predecessor, Lalit Modi, in public life
In an apparent attack on his detractors, IPL commissioner Lalit Modi said all decisions regarding the league in all its three editions were taken by the Governing Council and approved by the General Body. Against the backdrop of allegations of financial wrong-doings in the IPL, he also said the IPL is clean and transparent.
Indian Premier League commissioner Lalit Modi on Friday said that IT officials went back satisfied after the 8-hour questioning.
Disgraced former Indian Premier League (IPL) commissioner Lalit Modi has expressed a vehement stance against the new ICC decision giving 'greater control' to 'Big Three' -- India, Australia and England, saying that it will destroy the game.
Reader Farhan Mazher from Hyderabad sent us this photograph.
The BCCI's disciplinary committee, probing charges of alleged financial irregularities against suspended IPL Commissioner Lalit Modi, will submit its report by early October.
The Enforcement Directorate has issued summons to former Indian Premier League boss Lalit Modi in connection with an alleged money-laundering case registered against him in Mumbai.
The Congress has asked Prime Minister Narendra Modi to take up the issue of former IPL chairman Lalit Modi's deportation during his ongoing visit to UK and to ensure that the "fugitive" and "black money exporter" is brought back.
Singh's strong comments are the first public criticism by a ruling party MP against the help extended to Lalit Modi by Swaraj and Rajasthan Chief Minister Raje
Nationalist Congress Party chief Sharad Pawar tried to convince Lalit Modi to return to India and "face the law" during a meeting in London in May.
The Lalit Modi faction has moved the Jaipur High Court against BJP leader Amin Pathan and few others, who allegedly removed the former Indian Premier League commissioner from the Rajasthan Cricket Association (RCA) in a coup following a no-confidence motion.
The government will "play by the rule book" and make sure that absolute standards of probity are maintained, Finance Minister Arun Jaitley said as the Opposition continued its attack over the Lalit Modi controversy.
Rejecting allegations of vendetta levelled against him and the United Progressive Alliance, former Finance Minister P Chidambaram on Wednesday demanded that the government should ensure that Lalit Modi returns to India to face the probe by the Enforcement Directorate on various charges, including money laundering.
Congress charged the entire BJP and the government with "aiding and abetting" Lalit Modi, a fugitive.
Lalit Modi's counsel has sought a fresh hearing from the Regional Passport Officer in connection with the revocation of the passport of the former IPL chairman.
Former Indian Premier League commissioner Lalit Modi on Friday questioned the IPL Governing Council's move to change the players auction norms for the fourth season of the T20 league at the last minute.
Godfrey Phillips, controlled by his father K K Modi, paid Rs 1.7 crore despite him not attending a single board meet
Modi and five others -- Harish Krishnamachari of Mumbai, Ajay Verma of New Delhi and World Sports Group office-bearers Venu Nair, Andrew Georgio and Seamus O'Brien -- have been asked to appear for an inquiry either on January 25, 26 or 28, a date suitable for them, Police Commissioner T Rajendran told reporters on Thursday.
A 1.2 billion pound sterling plan called 'Project Victoria', allegedly conceived by Lalit Modi to launch a rebel Twenty20 league in England, is set to be at the centre of a libel case filed by the sacked IPL chief against ECB boss Giles Clarke, according to a report.
Astute, ruthlessly ambitious, and the one who aimed for the sky, Lalit Modi's eventful stint in Indian cricket firmament, with its innumerable ups and downs, truly defines the age-old saying 'life is a roller-coaster'.
Former Indian Premier League chairman Lalit Modi lashed out at the Board of Control for Cricket in India's decision to axe Rajasthan Royals and Kings XI Punjab from T20 tournament, saying it is 'illegal', as the Board has chosen the path of vengeance.
Lalit Modi, under the Income Tax department's scanner for financial irregularities, continues to get the backing of the IPL franchise owners with Rajasthan Royals co-owner Shilpa Shetty defending the event's embattled Commissioner.
Under-pressure IPL commissioner Lalit Modi on Monday welcomed a probe into the functioning of the cash-awash Twenty20 League, saying he would extend all help to investigators.
Suspended Indian Premier League chairman Lalit Modi on Friday denied making a bonus payment of one million rand to Cricket South Africa chief Gerald Majola for agreeing to host the second edition of the T20 League in South Africa last year.
The BCCI challenged the Rajasthan Sports Act 2005 allowing the former Indian Premier League commissioner to contest the RCA presidential elections on December 19 despite being banned for life by the Board.
The high voltage elections of the Rajasthan Cricket Association (RCA) have been scheduled for December 19 even as uncertainty prevails over former IPL Commissioner Lalit Modi's participations in the poll.
Controversy's favourite child commended and condemned in equal measure, IPL chief Lalit Modi rose meteorically but his fall was no less spectacular as he was booted out of the very empire he created.
The three-member Disciplinary Committee, probing alleged irregularities against former IPL Commissioner Lalit Modi, is likely to give its recommendations to the Board of Control for Cricket in India by the end of May.
Slamming the life ban imposed on Lalit Modi by the Board of Control for Cricket in India, former Indian Premier League chairman's lawyer Mehmood Abdi on Wednesday said he would challenge it in the court.
Lalit Modi is likely to quit as IPL commissioner and chairman after the tournament final this weekend.
Indian Premier League (IPL) commissioner Lalit Modi confirmed that he has had talks with filmmaker Madhur Bhandarkar to document his life. Modi said that apart from Bhandarkar, he has been consulted by other movie makers. The IPL chairman told a television channel that it is a compliment that so many filmmakers are interested in making a movie on his life.
Gandhi said, "Modi talked about bringing back black money from abroad and putting Rs 15 lakh in each Indian's bank account. I ask why Mallya and Lalit Modi are still abroad then."
Former Indian Premier League chairman Lalit Modi failed in his appeal against a 90,000 pounds (approx Rs 74 lakh) libel award to former New Zealand captain Chris Cairns over match-fixing allegations.
In a new twist to the Lalit Modi and Foreign Minister Sushma Swaraj row, newly-emerged documents show that Rajasthan Chief Minister Vasundhara Raje agreed to secretly testify in the former's United Kingdom immigration application in 2011.
Former Indian Premier League commissioner Lalit Modi on Tuesday said he has presented his reply to the show cause notice from the Enforcement Directorate (ED), with regard to the Foreign Exchange Management Act, claiming he cannot be held responsible for any wrongdoings since he had no 'cheque signing powers' during his stint as the chief of the Twenty20 tournament.
With the Supreme Court-instituted Justice Mudgal committee indicting Gurunath Meiyappan in the IPL betting and spot-fixing scandal, the event's sacked commissioner Lalit Modi has demanded a life ban on his father-in-law and BCCI President N Srinivasan.
Indian Premier League chairman Lalit Modi refused to buy the idea that the Indian Premier League was the reason behind India's Twenty20 World Cup debacle and said the cash-rich tournament is here to stay with top Indian players continuing to play in it.
Opposition parties on Monday asked Prime Minister Narendra Modi to explain on the issue of the help provided by External Affairs Minister Sushma Swaraj to scam-tainted former IPL chief Lalit Modi and also sought her resignation in the matter.
