An appellate tribunal in New Delhi set aside the Enforcement Directorate's penalty against former IPL chairman Lalit Modi and others in a FEMA case. | Mumbai news

Tribunal largely overturns FEMA charges against Lalit Modi and BCCI, upholding penalties on two specific counts.

In a major relief to former Indian Premier League chairman Lalit Modi, a tribunal has set aside a penalty order issued by the Enforcement Directorate against him and some others…