According to a source, it was a "private meeting" and details were not known. However, speculation is rife is that Srinivasan met Jaitley in connection with his legal troubles following the IPL spot-fixing scandal.
Srinivasan has been embroiled in controversy ever since his son-in-law and team principle of Chennai Super Kings, Gurunath Meiyappan, was accused of being involved in betting and leaking team information.
Monday's meeting comes the day Cricket Association of Bihar chief Aditya Verma, who is he petitioner in the spot-fixing case, wrote to BCCI members urging them not to nominate Srinivasan to the post of the chairman of the International Cricket Council.
Incidentally, Jaitley was slated to succeed Srinivasan as the BCCI president but he withdrew from the race to contest the recently concluded General Elections. However, a faction of the BCCI is keen to see Jaitley return to active BCCI politics.