Shashi Tharoor will lost his minister power

In the recent contraversy about the IPL team for Kochi the reports says that Tharoor will lost his ministership. The decision will be finalised after the arrival of Prime Minister Manmohan Singh. The congress uppercommittee meeting held yesterday found malpractices held behind the IPL auction for Kochi team. The upper committee formed by the direction of UPA head Sonia Gandhi and congress high command found that a person named Jacob who is the officer in charge of Shasi Tharoor had directly involved in the auction held at Chennai as the representative of Shashi Tharoor. The reports says that the upper committee formed with the senior members of congress A.K. Antony, Pranab Mukharjee and Chauhan have found many activities againist Tharoor. The final decision will be made after the arrival of Prime Minister Manmohan Singh. There are some rumors that Shasi Tharoor will resign from the ministership before the congress decide to remove him. There is high pressure on congress leadership from the side of BJP the party of opposition. The scenes created by opposite party and left aligns in the parliament about the issue was also discussed in the high committee meeting. But at the same time there is also suggestions from other senior congress leaders that there is no need for urgent action against Tharoor by the congress because it will be made by the victory of BJP in this issue. There are least possibilities to take an action againist Shashi Tharoor by the Prime Minister because Manmohan Singh is having very close relationship with Shashi Tharoor. Current situations shows that even if the Prime Minister do not decide to take urgent action againist Shashi Tharoor, the congress core committee will try to remove Tharoor after 2 months. It is known that the strong decision will be passed by congress senior members againist Tharoor due to the strong evidences found againist him. The upper committee held todiscuss about the IPL - Shashi Tharoor issue have also discussed about Sunantha Pushkar. The committee found that the new company formed for IPL Kochi Team has Violated the company act by giving shares to mrs. Sunantha Pushkar free of cost. According to the company acts, there is no provision to give the shares free of cost during its initial year of formation. The shares can only be given to the company directors and staff of the company. The congress upper committee formed to discuss about the Tharoor issue discussed about all the activities conducted during IPL auction and found that the company has violated the rules of Company act 1956 by giving shares to Sunantha Pushkar. The company was started on March 17 2010. So the company cannot give its shares to Mrs Sunantha Pushkar as the shares cannot be give free of cost in its initial year. According to the company act 1956 the company should be completed 1 year, before it gives its shares free of cost. The shares of a company can only give to the directors of the company or to the employees of the company in its initial year of formation. The company has reported Sunantha Pushkar as its partner. The company act only allows to give 5 % or maximum of 5 crore as the shares to its partner. But the congress upper committee found that there was a strong violation of company act by giving 20 % of its shares to Sunantha Pushkar. There was an option to get permission of the Government as special sanction for the company. It is to be said that the congress leadership is very serious about these matters. Some rumors are there that Tharoor is more serious in this issues and there is possibility for his self resignation from the ministership before the congress high command and the leadership remove him from his ministership.