The committee would be re-convened on Monday.
SLC sources said a majority in the SLC are those who are opposed to the plan of allowing the big three -- India, Australia and England -- to dominate the world governing body.
A source said Chairman Jayantha Dharmadasa feels under pressure from the 'Big Three' to give the nod to the original plan after the SLC had taken a decision to request the ICC to defer the proposals.
Just before meeting, Dharmadasa had received a further set of revised proposals from the governing body.
Dissenting administrations led by South Africa have taken the stand that the position paper would lead to three boards getting total control of the ICC's revenue.
The ICC is set to secure the approval for the new proposals at the next meeting to be held on February 8.
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