Srinivasan, who had a cataract surgery yesterday, spent most part of the day at home having meetings with his lawyers though he continued to remain mum on the Supreme Court's observation that he should step down.
The Supreme Court today proposed the replacement of Srinivasan by former captain Sunil Gavaskar and suspension of franchises Chennai Super Kings and Rajasthan Royals from IPL 7 till the pendency of the betting and spot fixing case.
There was speculation that BCCI secretary Sanjay Patel will meet Srinivasan in Chennai during the day but no such meeting took place.
"There was a possibility that Patel, who cut short his visit to the UAE, would meet Srinivasan today to discuss the future course of action. But the meeting did not take place," a BCCI source said.
BCCI officials known to be close to Srinivasan have been tightlipped over what he planned to do in view of the Supreme Court proposals which virtually leaves no escape route for the Tamil Nadu strongman.