After a hectic meeting with the Sports Ministry and SAI officials, the 60-year-old Walsh finally decided to withdraw his resignation, much to the relief of the country's hockey fraternity.
Walsh's withdrawal of the resignation was announced by the Sports Minister Sarbananda Sonowal, who tweeted, "I am happy that after SAI's efforts #TerryWalsh is back. Looking ahead for a bright future for hockey in India."
"Since we never accepted his resignation, the question of its withdrawal does not arise. As per his contract, Walsh had to give us a month's notice period which he gave today," Thomson told PTI.
"We had a fruitful meeting with him today. The issues which he had raised can easily be solved and we have assured him that they will be solved before his contract expires on November 19. We will issue him a new contract, which will take into consideration all his demands," he said.
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Walsh, a noted Olympian himself, had created a flutter yesterday by suddenly announcing his resignation, saying that he was finding it difficult to adjust to the decision-making style of the sporting bureaucracy in the country.
"In addition to my difficulties with not being able to professionally operate within these bureaucratic confines, I am not willing to continue with the constant time away from my family in Australia. My current commitment places too much stress on my personal life," he had said in his letter to SAI.
Hours after tendering his resignation, Walsh himself had hinted that he could reconsider his resignation and re-negotiate with SAI if his concerns were addressed.