While the three-member committee comprising Justice (Retd) RM Lodha, Justice (Retd) Ashok Bhan and Justice (Retd) RV Raveendran is set to submit their report to the Supreme Court, the BCCI will be keenly watching the proceedings as to whether the Apex Court makes the recommendations binding or not.
There are reports in some quarters that the panel may recommend that politicians should not be part of the Board which is run as a society registered under the Tamil Nadu Societies Registration Act.
Barring former India captain Sourav Ganguly, who is the Cricket Association of Bengal (CAB) president and Dilip Vengsarkar, vice-president of Mumbai Cricket Association (MCA), none of the top cricketers are running the show in state units.
The second contentious issue that probably will be dealt with in the report is the 'Conflict of Interest'.
More From This Section
The committee may also suggest making IPL a separate private limited company under section-8 which has to reinvest all its profits.
(REOPENS DEL 33)
Already resentful of any such move, a lot of members in the BCCI have already started saying it is tough to ensure that only ex-players can prove to be good administrators.
They feel French football legend and now tainted former UEFA boss Michel Platini is an example of how things may go haywire even if a top player comes in administration.
If there are sweeping changes suggested which are legally binding, then there could be an administrative shake up just before the marquee ICC World T20.
"One of the finest and prudent presidents of BCCI was Late NKP Salve. Similarly late Jagmohan Dalmiya was a businessman and IS Bindra, a bureaucrat. Didn't they make BCCI a financially stable organisation," he added.
For top BCCI officials, their argument is "We are elected members of state associations. We have come through Democratic election process. We believe a person can be wrong but not the profession.