The International Cricket Council on Sunday downplayed the Board of Control for Cricket in India's threat to take it to the Court of Arbitration for withholding India's share of World Cup profits, saying the BCCI's ultimatum does not change the situation.

"There is nothing for us to comment on this, we had said what we have to say on the matter at the Management Committee meeting in Mumbai last week," Brendan McClements, ICC Communications Manager, said over phone from London.

BCCI president Jagmohan Dalmiya on Saturday had issued a November 1 deadline to the ICC to release India's share of 6.5-million dollars from World Cup profits it had withheld, citing compensation claims from the event rights holders, Global Cricket Corporation.

Dalmiya said the 55-million dollar worth claims -- of breach of contracts by participating nations including New Zealand and England on various counts -- made by the GCC was found to be incorrect and as such the ICC should release the BCCI money immediately.

Dalmiya threatened to take the issue to the Court of Arbitration for Sports if ICC failed to comply with the deadline.

McClements said the situation stood where it was after the Cricket Committee-Management meeting in Mumbai.

"The GCC was yet to respond to ICC's letters written in July. The World Cup profits issue was not on the agenda at the Mumbai meeting and the BCCI did not raise the issue," he said.

"The matter will be discussed at the next meeting [in  Barbados from October 30], so we will take it up then," he said.