Lalit Modi has lost his appeal to overturn a compensation award of £90,000 to former New Zealand cricket captain Chris Cairns on the grounds of libel, it has emerged.
Earlier this year, the ex-chairman of the Indian Premier League (IPL) was ordered to pay Cairns this five-figure sum after accusing the professional of match fixing.
In a post on his Twitter page in January 2010, Mr Modi alleged that Cairns was involved in such illegal activity but Mr Justice Bean ruled against him on the basis that he "singularly failed" to provide any evidence to support this claim.
Nevertheless, Mr Modi opted to take his case to the Court of Appeal, but it was announced today (October 31st) that the High Court's original ruling will stand.
Following the hearing, Cairns was quoted by The Lawyer as saying that he feels "fully vindicated" to have battled against the "baseless and outrageous allegations".
"Mr Modi's appeal, just like his case, was doomed from the start," the ex-cricketer added.
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Posted by Trusha Vyas