The Chairman of the Bombay Parsi Panchayat allegedly ordered tenancy transfer documents for Rs 20 lakh when the property was to be transferred for Rs 65 lakh

Mumbai : Four trustees of the Bombay Parsi Panchayat – Yazdi Desai, Khojeste Mistree, Jimmy Mistry and Arnavaz Mistry – filed a police complaint for criminal breach of trust against chairman, Dinshaw Mehta, on Wednesday, the sources said.

The trustees alleged that the tenancy of a commercial property in Fort area was agreed to be transferred for Rs 65 lakh.
In an unprecedented action, Chairman Mehta allegedly ordered tenancy transfer documents to be executed when only Rs 20 lakh was received by the Trust.
Reportedly, the tenancy agreement was first signed and executed by Chairman Mehta followed by three other trustees. However, when the document came to Desai for signing, he inquired whether the Trust had received the full amount. After this, Chairman Mehta withdrew his signature from the agreement. Since then, according to Desai, the Chairman has been giving conflicting and contradictory statements.
Meanwhile, Mehta has denied all allegations made against him. “The charges are not true. The full amount has been received by cheque in the trust account. They (the trustees) are frustrated and this case is politically motivated. One of the trustee’s (Yazdi) wife lost a trusteeship election, which is why they are doing this. Since he (Yazdi) threatened the other trustees to become either co-accused or complainants, they signed the complaint. Let the police investigate and the truth will be out,” Mehta said. “Nothing was done by coercion. We discussed the issue and after much thought, a complaint was filed. The investigations will bring out the truth,” said Jimmy Mistry another trustee.

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