After going through the contents of a report filed in a sealed cover by apex court-appointed probe panel into the scandal, a bench headed by Justice A K Patnaik said there are "very, very serious" allegations made in the report and unless the BCCI President steps down, no fair probe can be conducted.
Former cricketers Mohinder Amarnath and Bishen Singh Bedi said that Srinivasan should now step down while former BCCI administrator and Rajasthan Cricket Association President Kishore Rungta also joined the chorus.
Srinivasan also faced heat from within the Board as BCCI Vice President Shivlal Yadav said they will follow Supreme Court's suggestion.
"SC has given the order, nobody can challenge it. We have to accept it. Since the SC has given an order, there is no question of going back on it or giving an opinion on that. It has to be carried out in total and BCCI will have to follow whatever the Apex Court has given," Yadav said.
Asked if he was willing to do the duty, he said, "Absolutely, I am ready to accept any responsibility given to me."
Former cricketer Amarnath, a member of 1983 World Cup winning team, said that the "game was bigger than an individual" and Srinivasan should step down in the interest of Indian cricket.
"In the interest of the game, one should step aside and let the enquiry go on. As a lover of the game, he should step down. He should respect the law and he should honour what Supreme Court has suggested. Let's see how it goes," Amarnath said.
Bedi took to Twitter to express his opinion. "BCCI touches lowest low-thx SC' nudge 'Srini must step dn' & out of all matters crkting!What happens2all his cronies in bcci & icc!Hail SC!," he tweeted shortly after the court observation.
In his second tweet, Bedi wrote,"Justice MMudgal arrived on Indn crkt scene most providentially/aptly 2 clean up corrupted culture-any culture gd or bad stems frm top down!!"
Rungta was scathing in his criticism of Srinivasan, whose son-in-law Gurunath Meiyappan was found guilty of placing bets on his IPL team Chennai Super Kings.
"I am happy that Supreme Court has asked him to resign. This was absolute arrogance that he was continuing as President of the BCCI," Rungta said.
"The conduct committee (earlier) had said no Board member would indulge directly or indirectly with the game (IPL team).
An Exception was made for Srinivasan, which was wrong. I wish Supreme Court had taken a view at that time," Rungta said.
Srinivasan had stepped aside in June 2013 after Meiyappan's name had cropped up in the fixing scandal, which had to led to ban on paceman S Sreesanth and his two other Rajasthan Royals colleagues. In his absence, former BCCI chief Jagmohan Dalmiya discharged the duties of the President.
However, at the BCCI AGM in September 2013, Srinivasan was re-elected as President.
Supreme Court had appointed a three-member probe panel, led by retired judge Justice Mukul Mudgal to investigate into the fixing saga. The Apex court-appointed panel had replaced BCCI's own two-man probe panel, which had exonerated Meiyappan of any wrongdoing and its verdict was challenged in the courts.
The New Straits Times' darkened front page showed an aircraft above the words "Goodnight, MH370" -- a reference to the last message from the cockpit, "All right, good night", before the Malaysia Airlines jet lost contact on March 8.