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The government-appointed Committee will also run the day-to-day affairs of WFI for the next one month.
A division bench of Justices Revati Mohite Dere and P K Chavan held that the arrest of Kochhars was in violation of Section 41A of the Code of Criminal Procedure which mandates sending notice for appearance before the police officer concerned.
Goa opener Ishaan Gadeakr, who scored a century in the first innings, was again the top-scorer for the visitors as they handed Kerala their first loss of the season.
Kerala, who conceded a first innings lead of 46, are ahead 126 by going into the final day with four wickets in hand.
Goa were 200/5 in reply to Kerala's first innings total of 265 at stumps on the second day.
Prem notched up his 13th first-class hundred on the opening day against Goa.
Venugopal Dhoot was arrested from Mumbai, nearly three days after former CEO and MD of the ICICI Bank Chanda Kochhar and her husband Deepak Kochhar were taken into custody by the CBI.
Patel will be administered the oath as the 18th chief minister by Governor Acharya Devvrat at a function to be held at the Helipad Ground near the new Secretariat in Gandhinagar at 2 PM.
This is a massive jump for the BJP, which was restricted to mere 99 votes in 2017. The Congress, which had won 77 seats riding on the Patidar quota agitation wave in the previous elections, won just 17 seats.
BJP won by a thumping majority with victory on 156 seats of the 182-strong Gujarat Assembly.