The former West Indies captain and batting superstar would have to first cut all ties with the organisers of the controversial Indian Cricket League which begins on November 30 in Panchkula.
"He would have to terminate his ICL contract in such a case," BCCI Vice President Rajeev Shukla.
Lara is one of several former international stars who have jumped at the offer to play in the lucrative ICL.
Shukla noted that they were all welcome to join the IPL, once they too, rejected their contracts with the ICL.
The news however, was not so encouraging for fringe Indian players.
"There is no plan to take them back," Shukla said. "We've been approached by a number of players who have aligned with ICL.
"They want to play for their states and want to come back. But as of now, the BCCI has not arrived on a consensus about a general amnesty to them."
The BCCI launched the IPL in order to counter the ICL.
Some of the fringe domestic players and foreign cricketers like Lara, Inzamam-ul-Haq, Chris Cairns, and Daryl Cullinan have joined the ICL.
The board has barred all domestic cricketers, who joined the ICL, from playing in board-run tournaments.
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The trend of taking the road less travelled seems to have once again caught fancy of young managers at IIM-A with as many as 11 students opting out of the
placement system to start their own ventures. Students who have decided to do it alone have opted for forays into sectors as diverse as logistics,
manufacturing, advertising, finance and agro-processing.
This is the time for some new innovation in Web field. Intially the IIM Students refuse campus placement and started their own companies with 23 year old FMS
student named aisapaisa. Now a another group of a leading institute of delhi students started their new project named as cricketkakarmyudh.com
The site started as a aim of complete information of indian premier league. The sponsership of indian premier league awarded to DLF group in a five year
agreement. cricketkakarmyudh.com have all the information regarding tournament rules to the match shedule.
Another student, Nirmal Kumar has started his venture in the out-of-home advertising business by the name of NPPL (Nirmal Prachaar). His idea is to come up
with different concepts providing maximum visibility to the brands shown at his display.
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