Gymkhana members wrote a letter to the Finance Minister urging him to intervene in the matter. Gymkhana members wrote a letter to the Finance Minister urging him to intervene in the matter

Digital Desk, New Delhi. The members of the Delhi Gymkhana Club (DGC), located in the capital’s Lutyens’ Zone, have been fighting a legal battle with the Center for nearly two years to preserve the club’s decades-old exclusivity.

The central government has appointed an administrator to manage it but in December last year, more than 90 percent of the club’s members voted against changes to the club’s accounting procedure at the Annual General Meeting (AGM). Apart from this, the members have strongly opposed many other decisions of the Administrator.

One of the oldest members of the Gymkhana Club wrote a letter to Finance Minister Nirmala Sitharaman and the Ministry of Corporate Affairs on 7 January, after the Gymkhana Club Administrator, former Uttar Pradesh cadre IAS officer Om Pathak took over the reins of the club and his wrongdoings. Work style is highlighted.

Jai Bhattacharjee said in an email that the accounts of the DGC have been rejected by an absolute majority of the members (shareholders) in the last AGM and this move of the members should not be ignored by the Ministry of Corporate Affairs or the government. Pathak has been appointed as the third administrator in the last one year.

Clearly very little care was taken in the appointment of OP (Om Pathak), he said in the email. His career record, as far as available in the public domain, has been flattering. There are question marks everywhere on his involvement in the affairs of Delhi Public School Society. It is impossible to say with confidence that he was a good choice as the administrator of the DGC from the point of view of the Ministry or the Central Government.

The email states that readers are siphoning off funds to host several cultural/intellectual events that are non-essential. The accounts were presented at the club’s AGM based on a new set of accounting norms, which are not followed by any other Section 8 clubs in the country. The OP has disregarded the statutory auditors’ advice to seek the views of the Institute of Chartered Accountants of India on this change of accounting policy.

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Bhattacharjee emphasized that in the last AGM of December 2021, the accounts of the DGC were completely rejected by an overwhelming majority of the members (shareholders), which should not be ignored by the Ministry of Corporate Affairs or the Central Government. According to the email, Minister of State Rao Inderjit Singh had recently made a personal visit to the club.

In July last year, Bhattacharjee wrote to the Finance Minister and the Ministry of Corporate Affairs, highlighting the poor corporate governance in the club. When the Ministry of Corporate Affairs alleged corruption, mismanagement and nepotism in the club, the National Company Law Appellate Tribunal on February 15 last year dissolved the general committee of the club and appointed the Center as an administrator to manage its affairs. was ordered to be appointed.

(IANS)

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