New Delhi, Mar 27 (PTI): Responding to the Supreme Court’s observations calling for BCCI President N. Srinivasan to step down for an impartial probe into the IPL controversy, the Board has assured the court that it will initiate disciplinary proceedings on the basis of recommendations of Mudgal committee report and carry out investigations.

The Supreme court has however said, “We will have to think hard for the benefit of cricket and will have to pass order.”

On Wednesday, Board of Control for Cricket in India vice-president Shivlal Yadav said BCCI chief N. Srinivasan would take a final call only after making a “comprehensive study” of the Supreme Court’s observations with the help of legal counsel.

“Yes, we did discuss the latest developments, and it was clear Mr. Srinivasan would make optimum use of the two days’ time before taking a decision on the need to quit his post to ensure an impartial inquiry into the match-fixing controversy,” Mr. Yadav said.

“I am not saying that he will not resign but only making it clear that any decision by Mr. Srinivasan would be [made] only after a thorough discussion on the Supreme Court observations,” he pointed out.

The BCCI and Mr. Srinivasan are exploring legal options while gearing up for the Supreme Court’s directives on March 27. The court had expressed anguish at the goings on in the Indian Premier League (IPL) and observed that Mr. Srinivasan must step down to ensure a fair inquiry.

According to some BCCI officials, Mr. Srinivasan was unwilling to throw in the towel since he believed he had done nothing wrong.

Meanwhile, former BCCI president Shashank Manohar said Mr. Srinivasan should resign to facilitate a fair probe. He also demanded that all IPL games be investigated and the 2014 edition be suspended.