The Supreme Court has asked the suspended IPL Commissioner Lalit Modi and the BCCI to work out a compromise on the reconstitution of the disciplinary committee.
The Court suggested that even if three existing members of the committee continue the proceedings, let them not take part in the Annual General Meeting (AGM) meeting which will take action on the report.
Modi's lawyer, Jethmalani informed the Court that they are working out an arrangement and if no compromise is reached, the case will be taken up on October 27.
However, the BCCI refuted reports that it had reached an "understanding" with the suspended IPL Commissioner.
Reports in the media, quoting Modi's counsel Mohd Abdi, stated that probe panel member Arun Jaitley and another of Modi's lawyer Ram Jethmalani met on Wednesday night to work out an understanding.
The BCCI said while the two did meet, no peace formula was on the agenda.
On Wednesday, BCCI had turned down the Modi's plea saying that the probe was in an "advanced stage".
"It is a fact-finding and an internal committee. We cannot have external members in it," BCCI's counsel and senior advocate C S Sundaram told a Supreme Court Bench, comprising Justices J M Panchal and Gyan Sudha Mishra, which wanted the Board to explore the possibility of reconstituting the disciplinary committee.
Supreme Court asks Modi, BCCI to work out a compromise
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