The marathon meeting, which took place in Kolkata on Tuesday, decided that after giving a month's rest to the players, full-scale preparations would start in June.
BCCI sources termed the meeting as 'positive' and constructive.
King has also prepared an off-season fitness regime for the players for the intervening period.
Dalmiya had started the process of discussions on Sunday when he met Team India physio Andrew Leipus in Kolkata.
India have a packed schedule in the coming months beginning with the Asia Cup in late July followed by a triangular tournament in the Netherlands (with Australia and Pakistan as the other teams), before playing a series of One-dayers and the Champions Trophy in England in September.
Australia and South Africa are slated to visit India towards the close of the year with the possibility of a return visit by Pakistan in end 2004 or early 2005.