IPL GC meeting: Working group to study order given by Lodha Committee

"The IPL GC hence authorised the Chairman, Shri Rajeev Shukla, to constitute a working group which will study this verdict, in consultation with all our key advisors and explore all the possible measures to be adopted, with an objective to protect the interests of all the stakeholders involved," read a statement issued by the BCCI.

"This group will work within a time bound period of 6 weeks and report their recommendations to the IPL GC, which will deliberate and share their views with the working committee of the BCCI, for further action," it said.

Speaking to reporters after the meeting, Shukla said: "We respect the verdict that was given recently by the committee ."

He said: "The BCCI will tomorrow announce the names of five members of the Working Group."

In a big blow to Indian Premier League (IPL), the major money spinner in Indian cricket, Justice Lodha panel recently banned for life CSK team official Gurunath Meiyappan and Rajasthan Royals co-owner Raj Kundra from all forms of cricket in connection with the infamous IPL betting case.

Meyappan is the son-in-law of the controversial former BCCI chief N Srinivasan.

In what could take out the sheen more out of the glamourous and tumultuously popular IPL, the three-member committee, headed by former Supreme Court judge RM Lodha also suspended two-time premier league champions Chennai Super Kings and Rajasthan Royals, winners of the maiden version of the cash-rich league.

India captain Mahendra Singh Dhoni is also the skipper of CSK.