Simultaneously, India Cements, the company of which he is the Managing Director, has also pleaded with the court not to pass any adverse order against the firm that could lead to cancellation of the franchise of Chennai Super Kings.
Srinivasan, who filed his objections to the final report of the committee in an affidavit, said that he believed that the conclusion in the report clearly vindicates his stand all allegations made against him were "completely false, baseless and motivated out of malice".
Further, the BCCI President-in-exile countered the findings of the panel that he along with four others Board officials did not take action against Individual 3 (player) despite being aware of his misconduct saying that the then President had dealt with the issue and he cannot be attributed with any inaction.
Srinivasan said he has been cleared of charges of betting, match fixing or scuttling the investigation. The only observation in the report is with regard to "minor incident" involving 'Individual 3' which is nothing incriminating, he said adding he may be allowed to resume his office as BCCI President from which he has been away for almost a year.
In a separate affidavit, India Cements, which owns Chennai Super Kings (CSK), contended that Srinivasan's son-in-law Gurunath Meiyappan, who has been indicted in the report, is no way associated with the company.
It pleaded that any adverse order against India Cements could have "disastrous consequences" not only for the CSK but for the entire league, cricketers and those associated with the IPL.