The IPL GC, headed by politician Rajeev Shukla, is expected to delve deep into the finer points of the strong judgment issued a few days ago by three-member Supreme Court-appointed panel headed by former Chief Justice of India, R M Lodha.
Star-studded Chennai Super Kings, two-time IPL champions, and inaugural edition winners Rajasthan Royals were suspended from the T20 League for two years as punishment for betting activities of their key officials Gurunath Meiyappan and Raj Kundra during the 2013 season.
Justice Lodha Committee was constituted by the Supreme Court in January this year with its terms of reference being to announce the quantum of punishment against Meiyappan, Kundra and the two franchisees -- India Cements Ltd, owner of CSK and Jaipur IPL, owners of Rajasthan Royals.
The IPL governing body urgently needs to chart out a smooth road map for the cash-rich but controversy-ridden T20 League, owned by the Cricket Board (BCCI), that has teetered on the edge for quite some time.
It has quite a few options in front of it to resurrect the falling reputation and credibility of the league which has taken one hit after another over the years since it started with a bang in 2008.
Putting on a brave face Shukla had commented after the judgment that the controversy-ridden IPL remained a "robust" product, insisting that the event will come back stronger with a minimum of eight teams.