Forensic Audits Reveal Financial Losses and Membership Irregularities at Delhi Gymkhana Club
Independent forensic audits and submissions before the National Company Law Tribunal reveal that Delhi Gymkhana Club faced cumulative financial losses of Rs 269 crore from 2017 to 2022, with operational deficits exceeding Rs 26.5 crore in 2021-22. The reports highlight systemic financial mismanagement, billing irregularities, and the presence of 'ghost members' in the club's membership records. A perjury complaint alleges tampering with the forensic report to conceal these issues, prompting ongoing legal disputes and scrutiny of the club's governance.