Minutes of Meeting
This MoM is issued to all present members of the society as per below details:
| Meeting Name | Annual General Body Meeting of Jaypee Sports City Welfare Society |
| Date of Meeting | 09th June 2024 |
| Time of Meeting | 4:30 PM IST |
| Location | Virtually on Zoom Meeting |
| Meeting Chaired By | Mr. Ram Pukar Maurya (President) |
| Meeting Attendees | General Body Members and Governing Body Members. |
| Quorum | Meeting attended by 760 members out of 779 |
Minutes on the Agenda of the Meeting are as follows:
| Agenda No. | Agenda | Notes |
| 1. | Meeting was started by President of society and welcomed all members of society and gave short brief on growth of society and its activities. President then asked Vice President and Deputy Secretary to start proceedings. | |
| 2. | Vice President Sunil Sharma started the proceeding and explained the developing scenario considering CIRP of JAL and proposed as below-
In view of sudden NCLT order of admitting JAL into CIRP and keeping in view the fact that interest of Homebuyers may be severely affected; it is imperative that the current Governing Body shall focus efforts at those forums than on fresh elections. It was therefore proposed to Seek approval from General Body Members of society to:
Resolution 1 – Modify byelaws of Society to change tenure of Governing Body from 2 years to 3 years.
Resolution 2 – To extend tenure of current Governing Body for one more year from 10th June 2024 till 10th June 2025. |
Resolution 1 and 2 were explained to members and were put to vote using online voting portal electionrunner.com with voting lines kept open from 9th June 2024 till 20th June 2024 and both the proposals were voted on by members of the society with the following results: Resolution 1 was approved with 637 members voted for the resolution, 06 members voted against and 117 abstained. Proposal stands approved by required two-third majority. Resolution 2 was approved with 637 members voted for the resolution, 06 members voted against and 117 abstained. Proposal stands approved by required two-third majority. |
| 3. | Presentation of Provisional Audited Financial Results of Society
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The provisional results were presented to General Body Members and all questions and clarifications were addressed. Audited Financial results were shared by email to all members and same to be published on website of society in Member’s Library/
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| 4. | Share information about recent development of initiation of insolvency proceedings of JAL by NCLT and steps which will be taken by society to help members and to file claims.
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Members were briefed about the proceedings, what it means to us and that the claims are to be filed with IRP.
Members were also informed about Governing Body’s intentions to seek legal opinion to safeguard interests of all members. |
| 5. | Address questions on NCLT issue and clarifications.
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Questions and concerns raised by members were addressed to the best of Governing Body members’ abilities.
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| 6. | Address general question on other topics of interest to members.
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Questions and concerns raised by members were addressed by Governing Body members.
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Date: 25th June 2024
Secretary / Dy. General Secretary