The annual general meeting will preceed the biennial MCA election, to be held tomorrow.
MCA's long-time administrator Shetty, however, has been debarred from contesting the polls as he's a paid employee of MCA's parent body BCCI.
"As far as I am concerned, I am not eligible to contest and vote but I am eligible to attend the AGM tomorrow. We have put up a panel to contest in this election. The AGM is important because there are several important issues that will be highlighted," Shetty told reporters here.
He said the AGM is a platform to voice concerns and the members should be allowed to do that.
He said that the Association had incurred huge expenses on account of the court cases it had against its own members.
"The issue of expenses that the association has incurred on court cases against its own members in the last four months due to ego and personal vendetta. There was a time when the indoor academy did not function for almost one year, because enough funds was not available. Today, we are spending Rs 50-60 lakh on court cases," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
