SHILLONG:
The national spokesperson of the All India Trinamool Congress (AITC), Saket S Gokhale, has written to Vijay Kumar D, nominee director, Shillong Smart City Ltd. (SSCL) Meghalaya on non-filing of a single financial result or annual report with the Ministry of Corporate Affairs as is required under law since its incorporation.
According to Gokhale, SSCL was incorporated on January 22, 2019 with the Registrar of Companies, Shillong with Vijay Kumar as a nominee director appointed by the state government.
Gokhale said that furthermore, since its incorporation, SSCL has been granted over Rs 1005 crore for various projects by both the Centre as well as the state government.
“In fact, several of these projects such as construction of a commercial complex at Polo, re-development of Laitumkhrah Market and others worth crores have already been awarded to contractors and work is on-going,” Gokhale said.
He said that it was shocking that SSCL has chosen not to file its regulatory financial returns and is exhibiting zero transparency as far as the financials of the company are concerned.
The AITC leader said that as members of the board of directors, it is part of Vijay Kumar’s responsibility to ensure that SSCL meets all regulatory and financial disclosure compliances.
“This notice, therefore, requests you to clarify as to why the financials of SSCL have not been filed since 2019 and provide a reason for the same,” Gokhale said.
According to him the financials of SSCL pertain to public money, and therefore, is an issue of propriety as well as public information and interest.
“You’re kindly requested to respond to this notice within 5 working days of receipt of this communication failing which the undersigned will be compelled to take up this matter in the appropriate regulatory and judicial forums as well as in the media,” Gokhale said.