Well-informed sources said that after the board sent him a legal notice asking him to provide evidence to back his claims about Bhatt having visited Pakistan as a guest of the board, Latif told them he wanted to meet them in person.
"Rashid said he would prefer to meet with PCB's top officials and legal team in person next week in Lahore," a source said.
The source said that the board had told Latif to meet them next week and come prepared with evidence or retract his earlier statement.
Latif made the claim in a statement he released on the Danish Kaneria spot-fixing case in which Bhatt has been deemed as a central figure by the England and Wales Cricket Board, which has imposed a life ban on Kaneria from playing cricket.
Bhatt has been dubbed as a "bookmaker" by the ECB which says that Kaneria knew him and tried to corrupt and lure players in his Essex team to do spot-fixing for Bhatt in 2009.
An Essex police investigation into the spot-fixing charges ended without them filing any charges against Kaneria due to lack of evidence.
In the documents and statements examined by the ECB disciplinary panel in the hearings in 2012 and 2013 which led to the ban on Kaneria, England captain, Alastair Cook has also given his statement.
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