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Govt moves NCLT to take charge of Delhi Gymkhana Club | India News – Times of India




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NEW DELHI: The Centre has moved a petition searching for a change of administration of the Delhi Gymkhana Club and appoint its 15 nominees as directors to run the affairs of the sprawling facility in Lutyens’ Delhi.
The petition was filed by the ministry of company affairs within the National Company Law Tribunal, searching for motion beneath Section 241 and 242 of the Companies Act that permits a member of an organization or the federal government to search reduction if the affairs of the entity are being run in a way “prejudicial to public interest” or is “oppressive”, amongst different issues.
The Tribunal has issued notices and the case is to come up for listening to on Friday.
The authorities had used the identical provisions of the Companies Act to get the NCLT approval to supersede the board of IL&FS.
Sources stated the transfer follows an investigation ordered by the ministry following complaints from members of the Delhi Gymkhana Club which is adjoining to the Prime Minister’s residence. Apart from accusations of alleged mismanagement, there have been allegations of the 107-year-previous membership accepting “deposits” within the kind of utility charge that was over Rs 1 lakh. The membership doesn’t pay any curiosity on the cash in the course of the ready interval, which may stretch from 15 years to 30-35 years.
On April 10, 2019, TOI had reported concerning the MCA investigation. The preliminary findings had referred to a rise within the utility charge for the federal government class from Rs 5,000 in 2000 to Rs 1.5 lakh now. For non-authorities candidates, the charge has gone up from Rs 5,000 to Rs 7.5 lakh throughout this era.
The funds collected as utility charge was invested in securities and deposits that might fetch returns.
The Club’s president Lt-Gen DR Soni couldn’t be reached over telephone for remark. A textual content message despatched within the night didn’t illicit a response.
Government sources stated that the difficulty was beneath investigation for a very long time and motion was being contemplated for some time.
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