TDP demands Modis ouster
Hyderabad: TDP, a major ally of Vajpayee government, has demanded the immediate removal of Gujarat chief minister Narendra Modi.

"The TDP demands the BJP to immediately effect a change of leadership in Gujarat," a resolution adopted by TDP polit bureau at its meet here said.

"Unless this is done, we will be guilty of eroding public confidence and failing to provide just and fair governance to the citizens of the country," it said.

The TDP, which has 27 members in Lok Sabha and has made known its unhappiness about the handling of the situation in Gujarat by Modi government, is the fourth NDA ally after JD (U), Trinamool Congress and Lok Janshakti Party, to seek the chief minister's removal.
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Company law panel reconstituted
New Delhi: The government has reconstituted the company law advisory committee. HLL vice-president, M K Sharma and ICICIs Kalpana Morparia are among the new members who have been inducted into the committee.

As its first assignment, the committee headed by department of company affairs secretary Vinod Dhall has begun work on drafting guidelines, including penalties, to be imposed for condonation of various offences under the Companies Act 1956.

It has also set up a sub-committee to discuss inspections of the books of accounts of companies ordered by the DCA under section 209A, compounding of offences under section 621A and the prosecution provisions under various sections of the Act, an official release issued here said.
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