The Congress, in its application termed the governor's action as a "brazen unconstitutional" act to appoint "a junior MLA as the pro tem speaker.
He challenged the Congress to select someone 'capable' as its president, who did not belong to 'that one family'.
'Whether she will remain CPP chairperson or not, that she will decide.'
Markets are also watching a meeting in Moscow of G20 finance ministers for signs of an orchestrated approach to the end of US money-printing, which could help defuse volatility in global markets.
Since 2004 the Congress has hung onto power in a situation in which it was on track to be out of power. In each case, it effectively gamed the system through Constitutional coups, argues columnist Rajeev Srinivasan.
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
It also said that there was 'absolute absence of material that would create an apprehension in the mind of the governor' that President's rule needs to be imposed.
Minister of State for Home Kiran Rijiju had said the cabinet was forced to take the decision because of a constitutional breakdown as six months had lapsed between two sessions of the state assembly.