The court, which will pass its order tomorrow, has also sought keeping away any person associated with Sinivasan- promoted India Cements, the owner of CSK, from being involved in the functioning of the BCCI.
The Supreme Court's observations that will show the door for Srinivasan also came on a day when senior counsel Harish Salve attacked India captain Mahinder Singh Dhoni, accusing him of being "guilty of corrupt practice" by lying before the Mudgal Committee on the role of the BCCI President's son-in-law Gurunath Meiyappan in CSK.
A two-judge bench comprising justices A K Patnaik and F M Ibrahim Kalifulla made the proposals when it took up Mudgal Committtee's report into the alleged betting and spot fixing during last year's IPL.
"In the place of Srinivasan, we propose to appoint an experienced cricket player like Sunil Gavaskar to replace him and function as BCCI president," the bench said.
It said that it will pass an interim order tomorrow and asked BCCI counsel to take instructions from the Board.