Verma, secretary of the unauthorised Cricket Association of Bihar (CAB), filed plenty of petitions against the BCCI on the spot-fixing scandal.
On March 15, the top court had set aside the BCCI disciplinary committee's order imposing a life ban on Sreesanth for his alleged involvement in the matter.
Sreesanth, along with Ankit Chavan and Ajit Chandila, were suspended for life by a BCCI disciplinary committee in 2013, a decision that the player had challenged in court.
The Supreme Court on Friday set aside the BCCI's disciplinary committee's order imposing a life ban on S Sreesanth
Appearing for BCCI, senior counsel Parag Tripathi told the court that for corruption and betting, the punishment is lifetime ban from the game.
Sreesanth had told the court in the last hearing on January 30 that the bookie tried to drag him into spot-fixing but he did not fall for it.
The Supreme Court has agreed to hear cricketer S Sreesanth's plea against the life-ban imposed on him by the Board of Control for Cricket in India.
On May 15, the apex court had asked the Delhi High Court to decide by end of July the appeal challenging the trial court order discharging several cricketers, including Sreesanth
The Delhi Police had arrested Indian paceman Sreesanth and other two cricketers Ajit Chandila and Ankeet Chavan on charges of spot fixing during IPL in 2013.
A single-judge bench of the Kerala High Court had earlier passed an order that the bowler's life-ban be lifted.