The MoU, expected to be signed on Tuesday, coincides with Maharashtra's 350th anniversary celebrations of the coronation of Chhatrapati Shivaji. It is then expected to be dispatched to India later this year for an agreed period.
The PCB said they were "disappointed and dismayed" with the behaviour of Faulkner, who also played in the Abu Dhabi leg of the PSL last year.
Prince William and Princess Catherine, the Duke and Duchess of Cambridge, collected quite a few Mumbai hearts on a hot two days in April.
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