While allowing Srinivasan to take over as BCCI chief, a bench of justices Aftab Alam and R M Lodha also made it clear that his appointment would be subject to the final outcome of a petition by former BCCI president A C Muthiah, questioning his eligibility for holding any Board post while owning an IPL team.
Srinivasan is scheduled to take over as BCCI President from the Borad`s Shashank Manohar on September 19.
The apex court passed the order on Muthiah`s application pleading that Srinivasan should be restrained from taking over the charge of the Board till disposal of his plea against him.
Muthiah had earlier approached the apex court for restraining Srinivasan from holding any BCCI post while owning IPL Chennai Super Kings team on the ground that it would lead to a conflict of interest.
Earlier, an apex court bench had given a split verdict on Muthiah`s petition and the case was referred to a larger bench.