An official source in the Pakistan Cricket Board (PCB) told PTI that the meeting will be held during the Asian Cricket Council moot in Colombo, Sri Lanka.
"PCB Chairman, Shaharyar Khan is also Chairman of the ACC and he will be accompanied by Najam Sethi and Subhan Ahmad to Colombo," the source said.
He said the meeting was important as apparently when Sethi met with the BCCI President, Anurag Thakur in Capetown for the ICC executive board meeting recently there was discussion on having a triangular or quadrangular series.
"The BCCI chief had floated an idea where instead a multi nation tournament could be organized in India or at any neutral venue in which Pakistan and India could play against each other," he added.
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The source said that Sethi had reminded Thakur that although he was floating such an idea but at the moment India was even talking about not playing Pakistan in the group stages of the ICC Champions Trophy.
The source said that the PCB had decided to wait until December 17 to see in which direction Indo-Pak cricket relations were headed before using legal recourse to seek compensation from India or ICC due to the BCCI's refusal to play bilateral series with Pakistan since 2007.
It was at the Capetown meeting that Pakistan asked the ICC to give a ruling on India's refusal to send its women's team to Dubai for the ICC cricket league to play against Pakistan.