The petitioner argued that the Charity Commissioner sought to collect Rs 30 crore per annum from various charitable trusts towards the Administration Fund, despite having fixed deposits in banks to the tune of Rs 431 crore as on September 30, 2012.
In view of the high court refusing to vacate the stay, the charity commissioner withdrew its petition that sought to vacate the stay granted by the high court on September 25, 2009.
The stay had been granted on a PIL filed by Devendra Shah, Trustee of Jain Shwetamber Trust and others through lawyer Prafulla Shah.
Today, a reply was filed by the petitioners saying that information from RTI had revealed that as enough funds were at the disposal of the Charity Commissioner to meet the expenses, there were no need to collect money for the "Public Trusts Administration Fund".
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RTI information had revealed that the Charity Commissioner's office had fixed deposits of Rs 431 crore, lying in banks as on September 30, 2012, lawyer Prafulla Shah argued.
The figures show that enough money was available with the Charity Commissioner's office to manage expenses and hence there was no need to maintain a separate Administration Fund which was sought to be created, the PIL contended.