It was also learnt that the IPL's governing council is expected to meet on Wednesday and prepare BCCI's reply to the probe panel's findings.
A top BCCI said that as for now they were adopting a wait and watch approach. As far as Meiyappan and CSK are concerned, things will depend on court verdict. The probe committee expedited its proceedings on court order and now the honourable Supreme Court will go through the findings and will give its verdict. Also, a criminal case is going on against Meiyappan in the Bombay High Court. That has to be decided as well, he added.
When asked what impact the probe findings will have on Srinivasan, the official said, He himself has done nothing wrong and quitting from the franchise will be an admission of the guilt.
Meanwhile, the IPL auction will go ahead as scheduled. The good that Supreme Court has done is that the IPL auction was not stopped. It will happen as planned for all the teams in Bangalore (on February 12 and 13), said BCCI Vice-President Rajeev Shukla. He said it is important to wait for the Supreme Court's directive on the issue before taking any decision. Supreme Court is an apex court and it will give some views and we should wait for Supreme Court's views, he said. We should leave it to Supreme Court what decisions they take. IPL auction will continue, we need to wait for Supreme Court directive.