Former IPL chairman Lalit Modi receives major legal relief after an appellate tribunal under the SAFEMA framework sets aside penalties connected to the 2009 IPL held in South Africa, according to multiple reports. The case relates to “principal proceedings” arising from allegations tied to the event and involves penalties that had been imposed on Modi by the authorities. The tribunal’s verdict overturns those penalties, effectively clearing him in the main proceedings covered by the decision. Times of India and NDTV both report that the tribunal quashes the ED penalties, describing it as a key ruling. NDTV adds that the tribunal sets aside the penalties imposed on Modi after it reaches a verdict under SAFEMA, and the outcome is described as clearance in the principal proceedings. Business Line notes that Modi welcomes the ruling and frames it as reaffirming the importance of due process, with allegations needing to be tested against evidence and law. The reports collectively indicate that the tribunal’s order overturns the earlier penalty action, providing Modi relief in this specific 2009 IPL South Africa FEMA/SAFEMA-linked matter.