The clubs can't sign new players in the transfer window because of non-payment of dues to former recruits.
The EC has threatened to resign if they are forced to sign the final agreement with investors Shree Cements.
With the ISL league stage over, we take a look at how each team has performed this season.
PLUS: Odisha finish in style and Hyderabad win everyone's heart in this week's ISL musings.
A dramatic final day saw Mumbai and Goa get the job done.
Odisha's five goal second half blitz led them to a 6-5 win over SC East Bengal.
Two quick goals early in the second half helped NEUFC beat East Bengal 2-1.
Goals from Roy Krishna, David Williams, Javi Hernandez gave ATKMB a convincing win over rivals SCEB.
Bright Enobakhare scored in the 59th minute for East Bengal, who seemed to be cruising towards a win until Santana equalised late.
PLUS: Odisha's prompt action and Chennaiyin's goalscoring concerns in this week's ISL musings.
Goals from Anthony Pilkington and Matti Steinmann saw SC East Bengal beat Jamshedpur FC 2-1 to go ninth.
We look back at Fowler's controversial comments through the season, which eventually earned him a four-match ban,
The SC East Bengal coach was found guilty of saying the refereeing was either "anti-English or anti-East Bengal" after a draw vs Goa.
An early strike from Cleiton Silva and a Debjit Majumder own goal helped BFC go sixth.
Fowler allegedly said refereeing was either "anti-English or anti-East Bengal" after a draw vs Goa.
Goals from Igor Angulo and Danny Fox saw FC Goa and SC East Bengal share the spoils in a match where Edu Bedia was sent off.
PLUS: Hyderabad hit a lull and Bengaluru show some fight, in this week's ISL musings.
A Mourtada Fall goal was enough for Mumbai City to extend their unbeaten streak to 11 games (tying Bengaluru FC's ISL record).
East Bengal earned a draw vs Chennaiyin despite Ajay Chhetri's red card in the first half.
PLUS: NorthEast's 'philosophical' dilemma and Isma's heroics, in this week's ISL musings.
SC East Bengal and Kerala Blasters remain in 9th and 10th in the league table.
As we cross the half-way mark of the league stages, here's our report card for each of the 11 teams.
ISL musings: Enobakhare shines 'Bright', East Bengal are on the right track and Kerala Blasters oscillate wildly
Plus: Naushad Moosa has plenty to do at BFC and Hyderabad are no pushovers under Roca.
This was Bengaluru FC's fourth loss on the trot, while SC East Bengal are now unbeaten in five.
This season will pose the toughest question to the I-League's existence, its importance, relevance, and success. The answer is critical.