The decision was taken during a committee meeting on Sunday.
The panel instructed the Indian Cricket Board to create new IPL governing council by December 30.
The committee also instructed that all state associations should have their elections by November 15 latest and by the same time form the executive committee of Players Association.
It will be interesting to see what is the status of BCCI AGM which has been slated for September 21 as per the old constitution.
(REOPENS SPD 18)
The Lodha Panel has withdrawn its suggestion of having two representatives of franchise in Apex Council as this could have created a situation of conflict of interest.
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