India, June 30 -- The Supreme Court on Monday allowed former IPL chairman Lalit Modi to pursue civil remedies against BCCI for payment of penalty under the Foreign Exchange Management Act (FEMA) to the tune of over Rs.10 crore.

The order was passed by a bench of justices PS Narasimha and R Mahadevan on a petition filed by Modi against a Bombay high court decision of Dec 19, 2024 refusing to entertain his writ petition holding that a writ petition is not maintainable against BCCI.

The bench said, "BCCI has been held to be 'state' for functional purposes related to cricket. For recoveries, it cannot be equivalent to state."

The penalty was imposed by the Enforcement Directorate (ED) against BCCI, Modi and other office bearers alleging FE...