In the five-day match, only 22 overs could be played at the Queen's Park Oval due to soggy conditions following heavy rain.
The abandoning of the final match of the India-West Indies series has led to wide criticism for the failure of TTCB to ensure proper infrastructure at the venue to deal with inclement weather conditions.
"As hosts, the Trinidad and Tobago Cricket Board and QPCC (Queen's Park Cricket Club) regret that limited play was possible in the 4th Test Match between WI and India at the Queen's Park Oval," TTCB President Azim Bassarath said in a statement on Monday.
"We have jointly launched an investigation to determine what occurred with a view to remedying the situation so that this does not occur in the future. Once this has been done, it will be presented to the WICB (West Indies Cricket Board)."
India won the four Test series 2-0. But lack of action forced India to relinquish top spot in the International Cricket Council (ICC) rankings to Pakistan, less than a week after taking over the position from Australia.
Rain stopped play on the first day of the match when the West Indies were 62 for two. No further play could be held over the next four days.
