Two-time champions Chennai Super Kings (CSK) is likely to be out of the Indian Premier League (IPL) circuit.
Sources say the committee's four-month-long investigation has found sufficient evidence against Gurunath Meiyappan, co-owner of CSK and son-in-law of N Srinivasan, president of the Board of Control for Cricket in India (BCCI).
The committee also believes Srinivasan was in the know of things, but looked the other way.
"How can one believe Srinivasan had no idea of what was going on inside the team dressing room and at the dug-out?" a source close to the panel said.
"The panel has found sufficient evidences against certain players and officials. It's waiting for Team India players to return from England to take this inquiry further. Meiyappan and team CSK are certainly in trouble and their wrongdoings have been mentioned in the interim report submitted to the court," sources said.
The Supreme Court is likely to extend the Mudgal committee's tenure on Monday. Besides Justice Mudgal, the panel has additional solicitor general L Nageshwar Rao and advocate Nilay Dutta as members.
A group of investigators headed by senior IPS officer BB Mishra also assisted the panel, which was given search-and-seizure powers as well.
Meanwhile, Cricket Association of Bihar secretary Aditya Verma plans to request the apex court on Monday not to allow anyone to postpone the BCCI's Annual General Meeting (AGM).
"Never in the history of BCCI has any AGM been postponed. This time, some members belonging to the Srinivasan camp are trying to delay it to help him contest again. I'm going to plead to the court to look into the matter," Verma told dna on the eve of hearing.
The Mudgal committee submitted its first report to the top court on February 10 after conducting a four-month-long probe where cricketers, board officials, policemen, lawyers and a few journalists were asked to depose.
The panel is now waiting for Team India to come back in order to take the probe to a conclusion!