Ramachandran had sought to refute claims the elections were required to take place in "the Olympic year", instead insisting that the leadership of the organisation have a further two years left on their terms.

"The current body assumed office in February 2014," he told The Asian Age.

"Earlier, IOA elections were held in the [Summer] Olympic year.

"As the new constitution of the IOA doesn’t say anything about conducting elections in the Olympic year, I wrote to the International Olympic Committee (IOC) for clarification.

"According to the Olympic charter, every national body is elected for a four-year term."

Ramachandran claimed he had also eased tensions with Hockey India President Narinder Batra, who last year called for a Special General Meeting (SGM) in which the only item would be a vote of no confidence in the IOA President.

Legal action had also been launched by Ramachandran following accusations of bribery and corruption, made by Batra, but it now appears the pair have sought to resolve their differences.

Ramachandran, who also leads the World Squash Federation, became the IOA President in 2014, with his election seeing the IOC lift a ban on India which was imposed due to the election of allegedly corrupt officials. 

He has stated that a three-member Committee will be established to resolve conflicts in basketball, boxing and gymnastics federations.

IOA secretary Rajiv Mehta, vice president Virendra Nanavati and treasurer Anil Khanna are reportedly due to sit on the Committee.

"The Committee will sit with both factions and try to resolve their differences within two months," Ramachandran told The Hindu.

"A spirit of forget and forgive is necessary to move forward."