RIGHTS GIVEN AWAY BY TS


M K Ramadoss
 

RIGHTS GIVEN AWAY BY TS

Members and Public know key details of Nadar Trust Lease thru Newsmedia. TS has not commented or disclosed financial details or disputed information reported by Newsmedia. What is more critical and far reaching are the rights given away by TS in exchange for the lease money. TS leaders may not have the authority to give away some of the rights as they tie the hands of TS far into the future. 

As a tax exempt Society, there may be rights they cannot give away to another entity. TS leaders have not shown interest in transparency even though contract is not secret. The deal is huge - Rs 512crores and lasts 43 years. 

It is time for members and public to demand Registrar of Societies to probe the deal to determine if TS has violated the law.