"That the central government should unashamedly admit that it is issuing ordinances because it could not get these legislations passed in Parliament, is by itself a solid reason for the President to refuse to issue the ordinances.
"If the matter was so urgent, why was the session not extended... It is to be hoped that President will decline to issue the ordinance," Sachar said in a statement here.
Sachar also asked whether the "urgency (of the Centre is) born out of compulsions to honour a secret pact with foreign investors, who in any case will not invest in this uncertain state of law. Why this unseemly hurry?"
He also said Life Insurance Corporation had been giving rich dividends to the central government for the last five years.
"This device is a crude attempt to set at naught coal nationalisation law by the ordinance which is totally impermissible," he said.
The Union Cabinet had yesterday approved key insurance and coal sector reforms which were stuck in Parliament logjam.
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