Govt sacks all five independent directors of MRPL appointed by UPA

September 16, 2014

Mangalore, Sep 16: The government has sacked all the five independent directors of Mangalore Refinery and Petrochemicals Ltd (MRPL), leaving the company board with no powers to take any large investment decision.

MRPL
MRPL in a filing to the stock exchanges today said: "Five non official part time directors namely, C L Shah, Neela Gangadharan, Prof Usha Kiran Rai, Prof Jayant M Modak and Capt John Prasad Menezes have ceased to be Directors on the Board of the Company."

With this, the board has lost its power to pass accounts, or take any large investment decisions. All the five independent directors were appointed by the previous UPA regime on October 22 last year for a three-year term.

This follows removal of all the UPA-appointee independent directors on board of Coal India Ltd (CIL) and sacking of four such appointees from IOC board. Besides, two UPA appointees on board of Engineers India Ltd too have been booted out.

Unlike Coal India, where the directors were told to quit and those who did not were voted out at company's shareholders meeting, in case of MRPL and IOC no resolution confirming appointments was moved.

Sources said the MRPL directors were appointed after the last shareholders meeting and their appointment was to be ratified at the company's annual general meeting (AGM) on September 13.

In absence of the company moving a resolution seeking confirmation of their appointments, the five ceased to be directors on the company board.

After their exit, MRPL board now has six functional and promoter directors. These are Chairman D K Sarraf, Managing Director H Kumar, Director (Finance) Vishnu Agrawal, Director (Refinery) V G Joshi, Oil Ministry nominee director P Kalyanasundaram and HPCL nominee director B K Namdeo.

MRPL is a subsidiary of state explorer Oil and Natural Gas Corp (ONGC). Though the government has no shareholding in MRPL, it holds 68.94 per cent of ONGC.

Sources said IOC too had not moved a resolution for confirmation of appointment of K Jairaj, Nesar Ahmad, Sunil Krishna and Sayan Chatterjee at its AGM on August 27.

In absence of shareholder approval, the four, who were appointed by the previous UPA government in March this year for a three-year term, ceased to be directors on IOC board.

Shah is a chartered accountant C L Shah while Gangadharan is a former bureaucrat. Modak is a professor at the Indian Institute of Science Professor while Rai is a Professor of Marketing at Banaras Hindu University Usha Kiran Rai.

There is also a move to seek removal of former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.

Similarly, chartered accountant Rohit Khanna is being sought to be removed from the board of Hindustan Petroleum Corp Ltd (HPCL) in a similar manner.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 29,2025

DKSsiddu.jpg

New Delhi: Karnataka chief minister Siddaramaiah and deputy CM DK Shivakumar on Saturday put up a dramatic display of unity at a closely watched joint press briefing, firmly dismissing weeks of speculation about a power-sharing tussle within the Congress. With the high command nudging both leaders to sit together and settle the dust, the meeting became a political spectacle, ending with the duo declaring that there was “no confusion, no differences.”

Calling the reports of a rift “manufactured confusion,” Siddaramaiah said the talks had gone smoothly, even joking about their breakfast. “Breakfast was very good. All three of us enjoyed it,” he said. “We want to end this confusion once and for all. For local elections and for 2028, our mission is clear — Congress must return to power. There is no difference between me and DKS, not now, not before.”

He blamed the media for fuelling rumours and reiterated absolute adherence to the party leadership. “From tomorrow, let there be no confusion. What the high command says, we will follow.”

Siddaramaiah also assured that the Assembly session starting December 8 would run smoothly and vowed that Congress would take on the BJP and JD(S) “together.”

Shivakumar echoed the chief minister word for word, stressing loyalty and discipline. “People have given us a massive mandate. It is our duty to deliver,” he said. “This government was formed under Siddaramaiah’s leadership. We both have complete trust in the high command. If they tell me to wait, I will wait.”

He added that the two leaders had discussed strategy for the 2028 Assembly elections. “Whatever the CM says, I agree. We are loyal soldiers of the party. The party may be facing challenges nationally, but we will keep it strong in Karnataka.”

Shivakumar also said Siddaramaiah would soon visit his home for lunch or dinner — another symbolic gesture meant to underline their unity.

Both leaders later posted on social media describing the breakfast meeting as “productive” and focused on “Karnataka’s priorities.”

The BJP, however, rejected the show of camaraderie as “pure bunkum,” accusing Congress of trying to paper over an internal power struggle. But Siddaramaiah and Shivakumar insisted their united front would continue — and that there was “no confusion” within the state leadership.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 1,2025

hindutvaboy.jpg

Udupi, Dec 1: A horrific case of alleged rape has unfolded in Udupi, where a worker from a Hindutva organisation, previously arrested and released on bail for harassing a young woman, is now accused of waylaying and sexually assaulting her.

The arrested individual has been identified as Pradeep Poojary (26), a member of the Hindu Jagarana Vedike's Nairkode unit in Perdur.

Poojary had allegedly been relentlessly harassing the young woman, pressuring her to marry him. When she bravely stood up to him and refused his demands, she filed a formal complaint at the Hiriyadka police station. He was subsequently arrested in that initial harassment case but was later granted bail.

According to police reports, driven by the same malicious grudge, Poojary allegedly intercepted the woman again on November 29. While she was walking through a deserted area, the accused is claimed to have threatened her by grabbing her neck. When she again refused to marry him, he allegedly proceeded to rape her.

The survivor immediately informed her family about the traumatic assault. Following this, her parents lodged a complaint at the Udupi women’s police station.

Police arrested Poojary again and produced him before the court. He has since been remanded to judicial custody.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.