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Turf Club, Gallops sign truce

Poll seals deal between restaurant and turf authority bringing to a close years of bitter litigation

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The members of the Royal Western India Turf Club (RWITC) Ltd, at the Extra Ordinary General Meeting (EOGM) held at the Mahalaxmi racecourse on Thursday evening, voted overwhelmingly in favour of the special resolution endorsing the "terms of settlement" signed between the managing committee of the eminent race club and "Gallops", the famous restaurant on their premises. The club was locked in a legal battle with the restaurant for the past several years. Out of the 705 votes cast, 595 voted in favour (nearly 85 per cent), while 109 voted against, one vote being adjudged invalid.

Run by the BJR, the initials standing for the three partners Bobby, Jasmine & Rahul, the Gallops restaurant management, as per the new agreement, will pay Rs 10 crore to the race club upfront, and also pay another Rs 48 crore over the next 12 years, at the rate of Rs one crore every three months (Rs 4 crore per year).

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