Zee TV Network assured the Bombay High Court earlier that it would discuss the suggestion of submitting fresh bids in its board meeting on September 13.
Hearing the plea of Board of Control for Cricket in India (BCCI) that both Zee TV Network and ESPN-Star Sports were equally eligible to bag telecast rights of cricket matches, the High Court asked the two channels to submit fresh bids on the basis of which it would award rights to the highest bidder.
The Court asked Zee Network to communicate its decision to BCCI and ESPN-Star Sports on September 14. If Zee Network agreed to go for the fresh bids then it would be placed before the Court on September 15 and decision will be taken regarding award of telecast rights. But if Zee decides against fresh bids then further arguments will take place on September 16.
ESPN-Star Sports had challenged the decision of BCCI granting telecast rights to Zee TV Network for national and international matches to be played between October 2004 and September 2008.