Not according to this article:
Subhash Chandra's Essel Group to re-enter cricket business, says Lalit Modi not involved
Essel Group has also debunked theories of Ten Sports registering 'certain entities' related to cricket, as a sport.
"A recent media story, has falsely reported that Ten Sports Network has been registering certain entities, pertaining to Cricket as a sport. We would like to clarify that the same is not true, since Ten Sports Network has no connection to this initiative, it being a sports network owned by Zee Entertainment Enterprises Ltd., a publicly listed company on Indian stock exchanges. Ten Sports Network holds the broadcast rights for five major cricketing boards namely South Africa (CSA), Zimbabwe (ZC), West Indies (WICB), Sri Lanka (SLC) & Pakistan (PCB) and many other premier sporting events like UEFA Champions League, US Open and WWE. It is a dominant player in the cricket broadcasting and production arena."
Subhash Chandra's Essel Group to re-enter cricket business, says Lalit Modi not involved | Latest News & Updates at Daily News & Analysis