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No Justification For Imposing Maximum Penalty: Bombay HC Upholds Penalty Reduction For Rajasthan Royals Owners Over FEMA Violation, Dismisses ED Appeal

The Bombay High Court on Wednesday upheld the reduction of the total penalty imposed on Jaipur IPL Cricket Pvt. Ltd. (JIPL), owner of the Rajasthan Royals franchise, from Rs. 98.35 crores to Rs. 15.

United kingdomFraiser castellinoManoj badaleRanjit barthakurRaghuram iyerLalit modiApex courtEm sporting holdings ltdHigh courtBend investmentsForeign exchange managementBombay high court onIndian premier leagueBombay high courtRajasthan royalsJustice neela gokhale

Indian franchise now majority owners of Tridents

Indian franchise now majority owners of Tridents
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