New Delhi, July 25 -- Amid hectic parleys involving senior ministers and the two Houses of Parliament, official sources said Lok Sabha Speaker Om Birla is likely to announce the formation of an inquiry committee to probe the ground of charges against Allahabad High Court Judge Yashwant Varma.

The notice signed by 152 MPs submitted to Birla on July 21 is now a "property of the House", and that consultation has begun for the formation of a three-member committee, which will include either the Chief Justice of India or a Supreme Court judge, a high court chief justice and a distinguished jurist.

Since a similar notice signed by 63 opposition MPs was submitted to then Rajya Sabha Chairman Jagdeep Dhankhar on the same day, the Upper House is a...