3 Dec

Fine slapped on Sai Baba Trust in Shirdi over payment default

first_imgThe Revenue department has slapped a whopping ₹4 crore as fine on the Shri Saibaba Sansthan (Trust) for allegedly defaulting on revenue dues on a portion of land dating back to the British Raj.Speaking to The Hindu, Shirdi Sub-Divisional Officer Kundan Sonawane said that the disputed land of 27 gunthas (less than one acre) was acquired by some of the devotees on rent near the temple complex premises during colonial times. While the land belonged to the State, the devotees either gave it away to the trust or sold it off a few years after Sai Baba died in 1918.Put on noticeSpeaking to The Hindu, Shirdi Sub-Divisional Officer Kundan Sonawane confirmed that his office had sent a notice to the Saibaba Sansthan Trust.“A few years after Sai Baba’s ‘Mahasamadhi’ in 1918, these devotees either donated or sold it (the land) off without due permission from the State. The land in question encompasses the iconic Dikshit wada, the Lendi Baug [the garden created and watered by Sai Baba himself] and the museum. So, we have sent the notice to the Sai Baba trust to legalise the possession of this land by paying back the revenue due to the government,” Mr. Sonawane said.He informed that the nebulous ownership of the disputed land was unearthed by local journalist Pramod Aher while the latter was researching his book Shirdi Gazeteer: untold stories. Mr. Aher then brought the matter to the attention of Revenue department authorities.Mr. Sonawane further said that if the Trust failed to clarify the matter within a week, a legal probe would be initiated into the affair.Officials at the trust could not be reached for comment.last_img read more

9 Nov

AC Milan referred over alleged FFP breaches

first_imgMilan AC Milan referred over alleged FFP breaches Jack Davies 03:39 5/23/18 FacebookTwitterRedditcopy Comments(3) milan - CROPPED Getty Images Milan Serie A Milan v Fiorentina Fiorentina UEFA’s Adjudicatory Chamber will review the case after the Serie A side invested more than €200 million in their squad over the past year AC Milan have been referred to UEFA’s Adjudicatory Chamber over alleged breaches of Financial Fair Flay regulations.The Italian giants have been monitored in relation to potential infringements for several months and had an application for a voluntary agreement to restructure their finances rejected by UEFA’s Club Financial Control Body in December.Milan invested more than €200 million (£175m/$236m) in their playing squad following the takeover by Chinese investors Rossoneri Sport Investment Lux last year and their ability to repay a loan by October is central to UEFA’s concerns. Article continues below Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now If Milan are eventually penalised over the breaches, exclusion from the Europa League could be an option at the governing body’s disposal.”The Investigatory Chamber of the UEFA Club Financial Control Body (CFCB) has decided to refer Italian club AC Milan to the Adjudicatory Chamber of the CFCB for breach of the Financial Fair Play regulations, in particular the break-even requirement,” read a UEFA statement.”After careful examination of all the documentation and explanations provided by the club, the CFCB Investigatory Chamber considers that the circumstances of the case do not allow the conclusion of a settlement agreement.”In particular, the CFCB Investigatory Chamber is of the opinion that, among other factors, there remains uncertainties in relation to the refinancing of the loan and the notes to be paid back in October 2018.”The Adjudicatory Chamber will make a decision on this case in due course.”The CFCB Investigatory Chamber will further communicate in June its other decisions in relation to the monitoring of the clubs under investigation or under settlement agreement.”last_img read more