New Delhi, June 30, 2025 — The Supreme Court of India has rejected a matter brought by former IPL commissioner Lalit Modi, who wanted to transfer a 10.65 crore penalty applicable under the Foreign Exchange Management Act (FEMA) to the Board of Control for Cricket in India (BCCI). The court was firm on the fact that Modi himself was responsible for the violation, and he could not avoid the responsibility by arguing that he was acting in the name of the cricket board. 

Olga Tellis & Ors. v. Bombay Municipal Corporation & Ors.

The surrogacy industry in India is  estimated at around 400 million dollars per year and has witnessed the emergence of over 3000 fertility clinics all over the country. The Surrogacy (Regulation) Bill, 2019 (“the Bill”) was passed by the Lok Sabha on 5th August 2019. The Bill bans commercial surrogacy and permits only altruistic surrogacy i.e., surrogacy with no monetar compensation apart from coverage of medical and insurance related expenses of the surrogate mother.

The International Environmental laws and their varying approaches are able to make great impacts to  the member nations, especially developing countries who are frequently seeking financial incentives to improve  compliance with historic treaties and their goals. The evolution of green financing since the Paris agreement  marked a new chapter .