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A decision on the host will not be taken before the IOC elections next year and India will also have to face competition from several other nations like Saudi Arabia, Qatar and Turkey.
Usha has argued that she took the blame in the Vinesh Phogat saga despite doing everything possible.
The IOC letter issued by James MacLeod said there was lot of uncertainty in matters related to IOA due to infighting.
The iconic athlete issued a press release to turn the blame of IOA joint secretary Kalyan Chaubey.
It will be presented at a Special General Meeting (SGM) on October 25.
The Indian Olympic Association chief said due process was followed while redrafting the deal with Reliance India Limited.
The call for this meeting comes after Usha had a heated confrontation with the EC members on September 26 after a majority of its members reiterated their opposition to Iyer's appointment as CEO.
The IOA lashed out at the 'inhumane regulations' that fail to consider the 'physiological and psychological stresses faced by athletes'.
The Indian Olympic Association president made it clear that it is the responsibility of the athlete to manage their weight.
The chance meeting of the two champion athletes took place at the Stade de France, the venue for athletics competitions at Paris 2024.
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