The Governing Council of the IPL had issued the ‘Invitation to Soft’ (“ITT”) record to be had on fee of the non-refundable mushy charges on August 31, 2021.

The invitation to buy the ITT record (“Invitation”), issued on August 31, 2021, is connected as Annexure A. Due to this fact, the BCCI had prolonged the date for buying the ITT record until October 10, 2021 (Extension Realize I). The Extension Realize I is connected as Annexure B.

Pursuant to requests from quite a lot of events, BCCI has now made up our minds to additional prolong the date for buying the ITT record until October 20, 2021. The ITT will likely be to be had to events on receipt of fee of the non-refundable mushy rate of INR 10,00,000 (Rupees Ten Lakhs Simplest) plus any appropriate Items and Products and services Tax. All different phrases contained within the Invitation record might be appropriate.

events are asked to e mail at [email protected] to get additional main points for buying the ITT. The e-mail soliciting for the ITT must have the topic line “ITT for the Right to Own and Operate One of Two Proposed New IPL Teams”. Any birthday celebration wishing to publish a bid is needed to buy the ITT. On the other hand, simplest the ones gratifying the eligibility standards set out within the ITT and matter to the opposite phrases and prerequisites set out therein might be eligible to bid. It’s clarified that simply buying this ITT does now not entitle anyone to bid.

The BCCI reserves the correct to cancel or amend the bidding procedure at any degree with out offering any reason why.

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