In a severe blow to BCCI and its president-in-exile N Srinivasan, the Bombay High Court today held as "illegal and unconstitutional" the two-member probe panel set up by it to look into spot-fixing and betting charges in the IPL tournament.

The High Court order comes just two days after the probe panel submitted its report on July 28 giving a clean chit to Srinivasan, his son-in-law and owner of Chennai Super Kings team Gurunath Meiyappan and Raj Kundra, owner of Rajasthan Royals and husband of actress Shilpa Shetty.

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