ISLAMABAD - Major political players, the Pakistan People's Party and Pakistan Muslim League (Nawaz), Tuesday agreed to proceed with the proposed constitutional package by setting up a joint committee for fine-tuning the draft before tabling it in the Parliament after the budget. Well-placed political sources told TheNation that PPP Co-Chairman Asif Ali Zardari and PML-N President Shahbaz Sharif, during their three-hour long meeting at the Zardari House, also agreed to clip the overwhelming powers vested in the office of the President of Pakistan. PPP Spokesman Farhatullah Babar said that both leaders discussed the prevailing overall political situation in the country and upcoming budget. Khawaja Asif and Ishaq Dar of PML-N while Federal Finance Minister Naveed Qamar, Law Minister Farooq H Naek and Information Minister Sherry Rehman from PPP side also attended the meeting. It was further said that PPP Co-Chairman congratulated Shahbaz Sharif on his election to the Punjab Assembly slot and as prospective chief minister of Punjab. The PPP Co-Chairman assured Shahbaz that PPP would support him as the Chief Minister and strengthen the provincial coalition government. In a related development, the six-member PML-N committee headed by party's Chairman Raja Zafarul Haq held its first meeting at the Punjab House and examined some of the articles proposed for amendments in the constitutional package. He said the meeting examined various clauses of the constitutional package, which Law Minister Farooq H Naek had presented to PML-N Quaid Nawaz Sharif during a meeting at Raiwind on Sunday last. "We are looking into the packaged from two perspectives including the overall political situation in the country and balance of powers between the President and the Prime Minister," Zafarul Haq told TheNation avoiding giving details. He hoped the panel would try to complete its task within a few days and submit a report containing its recommendations to the party leadership. PML-N leaders Chaudhry Nisar Ali Khan, Ahsan Iqbal, Ishaq Dar, Khawaja Muhammad Asif and legal expert Khawaja Haris attended the meeting. Prominent lawyer Fakhruddin G Ibrahim, who had been specially invited, was not present at the meeting. Agencies add: Pakistan Muslim League-N is maintaining its stand for reinstatement of the deposed judges in accordance with the Murree Declaration, PML-N chairman Raja Zafar-ul-Haq said Tuesday. 'There is no change in our stance on the issue', he told reporters after the first meeting of a six-member committee set up by the party high command for scrutiny of a package of amendments to the Constitution proposed by the Pakistan People's Party. Prominent lawyer Fakhruddin G Ibrahim, who had been specially invited, was not present at the meeting. Party sources said that PML-N President Shahbaz Sharif visited the Punjab House on the occasion of the committee's deliberations. Meanwhile, former federal minister and PML-N central leader Ahsan Iqbal has said that PML-N would stick to its stance on judges' restoration and would not compromise on it. Talking to a private TV channel, he said that Nawaz Sharif has formed a committee for the scrutiny of the draft and the PML-N and PPP had agreed on some points under the Charter of Democracy (CoD). The second part of the draft, he said, comprises general proposals regarding provincial autonomy and federation. There will be consensus on these points as well, he added. 'We think that judges should not be restored through constitutional package but rather they should be restored through executive order in the light of Murree Declaration, he maintained. He said restoration of judges through constitutional package means that the stance of General Musharraf was accepted and it would make a dangerous precedent. The PML-N leader said fixation of tenure for the Chief Justice would affect Justice Iftikhar Chaudhry. He said there is a point in the draft that the judges who accepted any office after November would not be considered for restoration. To a query, he said the cause of lawyers is the cause of our future generation and Pakistan. The government of Punjab will try its best that no hurdle would be created in the way of democratic right of lawyers, he added. 'Our party will fully participate in the long march. It is not only the war of lawyers but it is the war of every Pakistani who want rule of law in the country', he said. Meanwhile, Federal Minister Farooq H Naek has said that the constitutional package will be finalised in light of the proposals by the coalition partners. Talking to newsmen in Islamabad here Tuesday, he said the draft constitutional package has already been provided to the allied parties. He said after giving final shape to the package, it would be presented before the Cabinet and then in the Parliament. To a question, the Minister said coalition partners would decide when the constitutional package would be introduced in the Parliament. To another query, he said, they are not wasting time on constitutional package but following the procedure required by law and Constitution.