The Supreme Court today allowed N. Srinivasan to take charge as BCCI President.

The apex court has set up a probe panel headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal to inquire into the allegation of betting and spot-fixing in IPL.

It has asked the probe panel to complete its inquiry preferably within four months.

The apex court has also directed BCCI and Srinivasan not to interfere in the probe.

The committee will investigate Gurunath Meiyappan and owners of Rajasthan Royals and file a report on erring IPL franchisees, it said.

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