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The Election Commission is learnt to have prepared a recommendation in this regard to be sent to the president.
“It would be sent today itself,” an official said on Monday.
Since the president signs the notification for Lok Sabha elections, it is he who rescinds it.
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The district police had filed a complaint against DMK candidate Kathir Anand as well as two party functionaries on the basis of a report from the Income Tax department on April 10.