According to a news report, Board of Control of Cricket in India today stated that N Srinivasan will not step down despite Supreme Court's observations that he should resign for a fair probe in the IPL spot-fixing scandal.

N Srinivasan
N Srinivasan. Pic/ AFP

The Supreme Court has issued two days to the BCCI to replace N Srinivasan with a new chief, failing to which the apex court will announce its verdict.

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When asked specifically whether Srinivasan was contemplating to step down in view of the Supreme Court observation, he refused to comment. It is also learnt that BCCI secretary Sanjay Patel, who was in the United Arab Emirates to oversee the arrangements for the upcoming Indian Premier League, has cut short his visit and is expected to meet Srinivasan during the day to decide the future course of action.

Srinivasan's continued silence has raised speculation that he may not resign immediately but may wait for the hearing to resume tomorrow before taking a final decision.

The court, which had yesterday asked BCCI chief as to why he was sticking to the chair, had given Srinivasan 48 hours to quit on his own. The court had said if Srinivasan will not quit, they will pass an order for his removal. 

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.