The BCCI has rejected the suspended IPL Commissioner Lalit Modi's reply to the three showcause notices issued against him. BCCI Secretary N Srinivasan said that the board has rejected Mr Modi's reply as unacceptable. Mr Srinivasan said, his observation has been forwarded to the affiliate units and will seek ratification in the Board's July 3 Special General Body Meeting. Mr Modi was suspended from IPL Commissioner's post in April soon after the third edition of the Twenty20 League on charges of financial irregularities, including allegations of bid-rigging and proxy investment.