With an eye on the player auctions to be held on January 8-9, Rajasthan Royals and Kings XI Punjab today informed the Bombay High Court that as per its order, all the pre-conditions have been compiled with. <br/><br/>As required, both the teams have furnished full details about their team's ownership pattern to the court and have also made payment of guarantee money to the court and the BCCI. The Bombay High Court had late last year conditionally stayed the termination of both these teams. The final decision is still to be made by their respective arbitrators.<br/><br/> <br/>Meanwhile, the Indian Premier League's Governing Council is all set to meet in Mumbai on 5th January to discuss the details of the player auctions. As many as 350 top cricketers from India and abroad would go under the auctioneer's hammer in Bangalore with ten IPL franchises bidding for their services in the fourth season. The opening match of IPL 2011 will take place on April 8 in Chennai.