The COA had earlier barred BCCI officials from attending the IPL players' auction which included Rajiv Shukla.
Vinod's statement came in the wake of speculations regarding the position of the IPL chairman and whether there will be a new chairman.
Earlier, the COA had barred Board of Control for Cricket in India (BCCI) officials from attending the IPL players' auction which included Rajiv Shukla.
However, the former board vice-president, who was reappointed as the Chairman of the powerful Governing Council in 2015, did make his presence felt and even addressed the IPL franchise owners in the event held in Bengaluru.
It should be noted that the Supreme Court had appointed a new four-member BCCI panel of administrators led by Vinod Rai, along with noted historian Ramachandra Guha, managing director of IDFC Limited Vikram Limaye and former captain of the women's cricket team Diana Edulji as other administrators.
They are functioning as the new interim bosses of the BCCI and run the day-to-day administration of BCCI till the Justice (retd.) R.M Lodha-led recommendations are fully implemented and elections are held.