The panel comprising former hockey captains Ajit Pal Singh, Ashok Kumar and Zafar Iqbal met Walsh, Hockey India Performance Director Roelant Oltmans and Sports Authority of India officials for the second time today after Friday's meet and held discussions for over six hours but failed to come to any conclusion.
The concerned parties are now scheduled to meet the Sports Minister tomorrow to solve the impasse, a day before Walsh's contract expires.
"There are some demands on which he is not ready to compromise and we don't have power to accept them. So the meeting was inconclusive," he said.
Asked what was the bone of contention, Ajitpal said: "Let's not discuss all these now. You will come to know in due course of time. But we expect something positive when we meet the Sports Minister tomorrow."
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Apart from the three-member panel, Executive Director Teams Sudhir Sethia was representing SAI along with other officials, while from Hockey India its CEO Elena Norman was present in the meeting besides Waslh and India's High Performance Director Roelant Oltmans.
He said that responses from the Sports Ministry and SAI has been positive but the interactions with Hockey India has not been encouraging.
Walsh has also hinted that he might hold a press conference on this issue tomorrow.