The Lodha committee was tasked with fixing the sanctions on Gurunath Meiyappan, Raj Kundra, Chennai Super Kings and Rajasthan Royals. Here's the case made to the committee for a lenient punishment by India Cements Limited (ICL) and Jaipur IPL Cricket Limited's (JIPL) lawyers, and the committee's responses.

Having rejected all the arguments presented by India Cements Ltd and Jaipur IPL's lawyers, the Lodha Panel announced the following sanction on the two companies.

"On consideration of all relevant aspects of the matter, the Committee imposes sanction on JIPL [and ICL] under Section 6, rule 4.2(c) of the Operational Rules by suspending it from the League for a period of two years. "

The period of suspension shall commence from the date of this order.