Bombay High Court reserves order on Lalit Modi's petition

Mumbai, July 14 (ANI): The Bombay High Court on Wednesday reserved its orders till tomorrow on the petition filed by suspended Indian Premier League (IPL) Commissioner Lalit Modi challenging the disciplinary proceedings initiated against him by the Board of Cricket Control in India (BCCI).

Modi's counsel Virag Tulzhapurkar has sought quashing of all disciplinary proceedings against his client.

Modi had moved the court a week ago challenging all decisions taken by the BCCI including the decision to suspend him from his position as IPL Commissioner and has once again asked for an independent panel to probe the matter.

The BCCI's legal counsel sought dismissal of Modi's petition in the High Court today, stating that the Board was following its own constitutional norms, which the BCCI had registered under the Societies Act.

The BCCI had earlier in May given a show cause notice to Modi on charges of financial irregularity.

There are five main charges against Modi, ranging from receiving kickbacks for allotting TV broadcast rights to indiscipline and leveling baseless charges against the BCCI.

He is also facing charges of rigging the bidding of two new IPL teams, which were eventually won by Sahara and the Kochi IPL consortium and also for being a ghost owner in three IPL teams.

Modi has claimed that he has submitted most of the relevant IPL documents.

They include all franchisee agreements, global media rights agreements, the global media rights packages, bid documents, media rights licensee agreements, eligibility letters of all bidders with details and all sponsorship agreements entered into by IPL. (ANI)