After a one hour, 40 minutes, often heated discussions at the meeting on December 19, 2017 the members of the 133-year-old Ripon Club authorized their managing committee to settle the eviction suit filed by the landlord, the N. M. Wadia Trust.
At the start of the meeting, trustee and managing committee member Jimmy Pochkhanawalla cautioned the members that if they chose to reject the present offer, the Club did not have the financial wherewithal to fund lengthy and expensive court cases. Furthermore in the event of losing the case, the Club would be required to pay mesne profit (the rent......