Board of Control Cricket in India president Shashank Manohar was on Wednesday authorised to resolve the IMG issue and report back to the board at its Annual General Meeting on September 24.
The BCCI last week snapped ties with IMG, claiming the sports management firm was overcharging the Board for its services to conduct the Indian Premier League.
IMG received close to Rs 43 crore for the inaugural edition of the IPL, held in 2008, and is set to receive Rs 33 crore for this year's IPL-II, staged in South Africa.
"BCCI chief Shashank Manohar has been authorised to deal with the IMG issue and report to the board at its AGM on September 24," BCCI vice-president Rajiv Shukla told reporters after a meeting of the IPL governing council.
Former BCCI president Sharad Pawar wrote a letter to Manohar ahead of the meeting to make it clear that the contract with IMG was approved at all "appropriate levels" during his tenure as the board president.
Pawar also questioned the BCCI on its decision to "unilaterally" terminating IMG's services for future editions of the IPL while also warning that the board would invite a long-drawn legal war as well as harm their public image by such actions.
Related letters on IMG row
Letter by Sharad Pawar
Letter to IMG
IMG reply
Bommidala's letter to Lalit Modi
Mukesh Ambani letter
Sony letter
RCB letter
DC letter
KKR letter
KXIP letter
RR letter
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