rkt.india Posted March 26, 2012 Posted March 26, 2012 90k plus 1.5 million pounds in costs...ouch! Is Modi able to afford this' date=' what other business does he have? He will probably appeal and reduce this amount[/quote'] Business career Modi is the President and Managing Director of Modi Enterprises, an industrial conglomerate created and run by his family.[26] Modi has been the Executive Director of Godfrey Phillips India since 1992, one of India's largest tobacco companies.[26] The company is jointly promoted by the Modi Enterprises and Philip Morris International.[27] [edit] Modi Entertainment Networks Modi started a 10-year joint venture with Walt Disney Pictures in 1993, called Modi Entertainment Networks (MEN), to broadcast some of Disney's content in India, including Fashion TV.[28][29] In 1994, he became the pan-India distributor of ESPN on a ten-year contract worth $975 million. His job was to collect money from the cable companies in India in exchange for them broadcasting ESPN.[30] http://en.wikipedia.org/wiki/Lalit_Modi
asterix Posted March 26, 2012 Posted March 26, 2012 But he conveniently went bankrupt last week. :cantstop:
vvvslaxman Posted March 26, 2012 Posted March 26, 2012 Lalit Kumar Modi @LalitKModi Reply Retweet Favorite · Open I have seen the judgment. All I want to say at the moment is that we are appealing the Judgment.
Zero_Unit Posted March 27, 2012 Posted March 27, 2012 tweeting will never be the same for modi ... Trollololololllll
vvvslaxman Posted March 27, 2012 Posted March 27, 2012 tweeting will never be the same for modi ... Trollololololllll http://www.emirates247.com/sports/cricket/modi-s-tweet-costs-him-794-000-2012-03-27-1.450558 Modi's tweet costs him $794,000 :hysterical:
asterix Posted March 27, 2012 Posted March 27, 2012 http://www.emirates247.com/sports/cricket/modi-s-tweet-costs-him-794-000-2012-03-27-1.450558 Modi's tweet costs him $794,000 :hysterical: He's not going to pay a single penny. He's already declared himself bankrupt in UK.
vvvslaxman Posted March 27, 2012 Posted March 27, 2012 He's not going to pay a single penny. He's already declared himself bankrupt in UK. Not sure if the real motive was just money. Probably it affected some sponsorships for him. Either way Lalit Modi had to go through all these charades just for his tweets irrespective of whether he got away or not.
Crookbond Posted April 12, 2012 Posted April 12, 2012 London High Court annuls bankruptcy order against Modi http://www.indianexpress.com/news/london-high-court-annuls-bankruptcy-order-against-modi/935621/ After the judgment, Modi said," This was an order that should never have been granted in the first place, so I'm delighted it has been dismissed."
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