The crucial conclave will have the onerous task of chalking out the future course of Indian cricket which is at the cross-roads following the national team's debacle of the World Cup and the subsequent quitting of coach Greg Chappell.
The first day of the two-day sitting would be a fact-finding mission with Chappell, captain Rahul Dravid, manager Sanjay Jagdale and selection panel chief Dilip Vengsarkar involved in the Cup review meeting with the BCCI's office bearers, headed by president Sharad Pawar.
Chappell, who yesterday (Wednesday) put an end to his tempestuous and controversy-ridden 22-month stint by intimating Pawar of his intention not to seek renewal of his expired contract, and Jagdale, are to submit their tour reports to the cricket board's mandarins during this meeting.
Jagdale, the Indore-based national selector, is considered to be a neutral observer to the goings-on in the West Indies that led to the disastrous and shameful first round exit of the team full of super stars and big money earners.
However, being an administrator and office bearer of the MP Cricket Association, it remains to be seen whether he puts in anything critical on individual players in his written report.
However, these reports may not be shown to the media and the public at large through the media as BCCI secretary Niranjan Shah has already said that the entire reports would not be tabled in next day's Working Committee even for the Board members' perusal as they are ''confidential''.
Only relevant portion of the reports, if they deal with cases of discipline of the players, would be shown to the members, Shah said a few days ago.
However, selective ''leaks'' of these reports to a section of the media cannot be ruled out in the light of what's been the general trend vis-a-vis the team over the last few months. After the meeting with the coach, captain and manager, the BCCI office bearers will meet seven former captains invited specially for this meeting, including India's only World Cup-winning skipper Kapil Dev, to seek out means and ways out of the mess which Indian cricket finds itself in at the present moment.
Apart from Kapil the others invited to attend the meeting are: Mansur Ali Khan Pataudi, Chandu Borde, Srinivas Venkataraghavan, Sunil Gavaskar, Krishnamachari Srikkanth and Ravi Shastri.
Notable exclusions from this select club of former captains are Ajit Wadekar, a former national coach, and the outspoken Bishen Singh Bedi.
Sure to come up at this interaction is the choice of a new coach - particularly his nationality. Some of these ex-captains have aired their views about their preference for an Indian to guide the team in its hour of difficulty.
The choice of a captain could also be raised at this meeting though it's the selectors' exclusive preserve.
The outcome of these meetings would be put before the all-powerful Working Committee at which the Players' Contracts issue is also expected to be finalised.