Shillong Smart City Ltd company yet again questioned

AITC national spokesperson asks Prestone to clarify on requirements under Company's Act

Shillong, Aug 22: All India Trinamool Congress (AITC) national spokesperson, Saket Gokhale has asserted that the Deputy Chief Minister Prestone Tynsong is misleading people and questioned as to whether the Shillong Smart City Ltd. held any annual general meeting for three years ( 2019, 2020 and 2021)

He also wanted to know why the financial reports for these 3 years have not been filed by the Shillong Smart City Ltd company.


In a letter to Tynsong on Monday, Gokhale refuted his clarification on the matter and said, “Under the Companies Act, 2013, a company is required to file its financial reports within 30 days from the conclusion of the annual general meeting. According to the requirements under the law, the annual general meeting of Shillong Smart City Ltd. for the years 2019, 2020, and 2021 should have been completed by the month of March or September in those years.”

Gokhale said in the annual general meeting, the company’s board is required to take the audited financial statements on record.

 Tynsong recently clarified that the financials for 2019, 2020 and 2021 had been audited and vetted by the Comptroller and Auditor General of India.

His response was following the first letter of Gokhale regarding the financial reports of the company.

Gokhale refuted the claim of Tynsong and said, “If you claim is that the audit for these 3 years as well as for 2022 happened only this year, that is a gross violation of the law.“

The AITC leader feared misutilisation of public funds and added, “It is incredibly astonishing that you’d use this justification for explaining why Shillong Smart City Ltd did not file its financial reports for over 3 years despite already having awarded contracts worth crores and having received crores of funds from both the Union Govt of India and the State Govt of Meghalaya.”

Gokhale wanted Tynsong to make clear as to why Shillong Smart City Ltd did not have an annual general meeting for three years ( 2019, 2020 and 2021) and if the meetings had taken place, there should be clarity and justification as to why financials for these 3 years have not been filed by the company.

“The issue is important and pertains to public money belonging to residents of Meghalaya as well as people of India. Therefore, I anticipate that you’ll be kind enough to explain this discrepancy in your response to me and set the record clear,” Gokhale said.

Related Articles

Back to top button

Adblock Detected

Kindly Disable Ad Blocker