Appellate tribunal NCLAT has upheld an order to allow the central government to take over the management of the prestigious Delhi Gymkhana Club. The National Company Law Appellate Tribunal (NCLAT) set aside the petition filed by the erstwhile management members against the order passed by the Principal Bench of the NCLT. On April 1, 2024, the NCLT allowed the plea filed by the Ministry of Corporate Affairs for taking over the Delhi Gymkhana Club management citing "violations" of the Company Law and said there was "sufficient material" for holding that, as it is a case of mismanagement. In its 149-page order, the NCLT had also allowed the ministry to nominate 15 persons as directors on the club's general committee as well as manage the affairs of the club. The said order was challenged before the appellate tribunal, which has been now upheld on Monday by a two-member bench, comprising Chairperson Ashok Bhushan and Member Arun Baroka. However, the NCLAT bench also also directed the
They charge lakhs as fees from patrons but it is not just money that will get applicants in
Evolution of a cultural symbol
Earlier, the tribunal had allowed the ministry to nominate 15 persons as directors on the club's general committee as well as manage the affairs of the club.
The March 4-5 tie will be played on the fast grass courts of the Delhi Gymkhana Club (DGC) here inside a strict bio-secure bubble
In a changed world, owing to the pandemic, while people are no longer going to traditional places of work, they are looking for a third space - a home away from home
The NCLAT had in February directed suspension of the club's general committee and asked the government to appoint an administrator
The National Company Law Appellate Tribunal (NCLAT) on Monday ordered suspension of the Delhi Gymkhana Club's general committee, directed the government to appoint an administrator
Only about 50 per cent of the regulars are back, says the club staff
All three watering holes are, however, trying to put internal matters in order
My local liquor stores, which for years bore the stamp of illicit seediness, are so transformed in size and large displays of foreign and Indian wines that some look like art galleries, Sethi writes