The ED has alleged violations of foreign exchange rules during the 2009 edition of the Indian Premier League (IPL) held in South Africa.
The court allowed Modi's petition and permitted his legal counsels to cross-examine the witnesses but made strong observations on the tournament.
has led to serious violations then it is high time the organisers realise whether what has been achieved by conducting the tournament since the past ten years can be termed as a sport or game...for it is full of illegalities and breaches of law," the court said.
has made us familiar with phrases like betting and fixing of matches. It is for the central government, RBI and organisers to now consider if conducting IPL is in interest of the game/sport," the court said in its order.
The bench while allowing Modi's petition said the impugned order grossly violates the principles of natural justice as the adjudicating authority was going to rely on the statements of the witnesses against Modi.
The court also noted that the proceedings have been dragged for too long now.
"We direct the adjudicating authority to issue summons to the witnesses to appear before it on March 2. The cross- examination shall be concluded positively by March 13. The proceedings shall be completed by May 31," the court directed.
In 2013, the ED initiated adjudication proceedings against Modi under the Foreign Exchange Management Act (FEMA) regarding a bank account opened by the BCCI and IPL authorities in South Africa ahead of the 2009 edition of the IPL.