Delhi Chief Minister Arvind Kejriwal addresses the public after taking oath at Ramlila Maidan in New Delhi on 14 February, 2015.IANS

8pm: The Aam Aadmi Party ousted two top leaders, Prashant Bhushan and Yogendra Yadav, out of its decision-making Political Affairs Committee on Wednesday. The announcement was made by party spokesman Kumar Vishwas after the meeting of the party's National Executive on 4 March.

5:35pm: AAP's National Executive Meeting is underway to decide the party position on Yogendra Yadav and Prashant Bhushan, and sort out the tiff within the party.

2pm: Kejriwal quits as AAP chief just ahead of a crucial party meeting to decide the fate of Yogendra Yadav and Prashant Bhushan in the party.

1pm: Kejriwal offers to quit, sends his resignation letter to the AAP national executive, saying he is "overburdened with work" in Delhi.

11:40amYogendra Yadav says he never wanted to replace Kejriwal as convener.

11:15am: Sources say that Yadav wanted to replace Kejriwal as convener and that it's too late for a reconciliation now.

11am: Yogendra Yadav and Prashant Bhushan to be removed from Political Affairs Committee of AAP, say sources.

10:15am: Action be taken against me if found guilty, says Yadav.

10amWon't break or quit but will improve ourselves, says AAP leader Yogendra Yadav. It does not matter whether I am there in the political affairs panel; party is much bigger than one post.

Delhi Chief Minister Arvind Kejriwal is expected to miss the AAP meeting which could well decide the fate of party's founding members Yogendra Yadav and Prashant Bhushan on Wednesday. The two have taken on Kejriwal and have been critical of his way of functioning.

Sources said that missing out on the meeting would negate Kejriwal's role in the voting process to decide whether Yadav and Bhushan should be relieved from the decision-making Political Affairs Committee of AAP, reports NDTV.

The conflict has jeopardised the party's functioning in recent days.

Reacting for the first time to the squabbling within the party, Kejriwal tweeted on Tuesday, "I am deeply hurt and pained by what is going on in the party."

"This is betrayal of trust that Delhi posed in (sic) us. I refuse to be drawn in this ugly battle. Will concentrate only on Delhi's governance," the AAP chief said.

Bhushan had earlier said that Kejriwal and he had serious differences on how the party was functioning, adding that there had been a "breakdown of communication" between the two.

"There is a great danger of AAP becoming a one-man show. We didn't form the party to make it like any other political party where there is a high command and one person calls the shots," he said.