Bangalore Golf Club
Bangalore Golf Club Chairman summoned over club’s alleged financial irregularities
The Regional Commissioner of Bengaluru Division has issued a formal summons to the Chairman of Bangalore Golf Club (BGC) in connection with allegations of misleading financial practices and violations of regulatory norms. The summons issued under the Karnataka Protection of Interest of Depositors in Financial Establishments (KPIDFE) Act, 2004, calls for the club’s chairman (projects, chambers and indoor games), Ravi Venkatesh to appear before authorities on June 13, 2025.
The action stems from a complaint dated November 29, 2024, accusing the prestigious golf club of engaging in deceptive financial practices. According to the notice, the club is alleged to have made misleading promises, concealed critical information, and violated its registered byelaws — all with the intent of inducing individuals to deposit money under an unregulated financial scheme. The summons was issued on June 9.
The summons has been issued by Amlan Aditya Biswas, IAS, Regional Commissioner and Ex-Officio Secretary (Economic Offences), who also serves as the Nodal Officer under the KIDSAFE Act. The Act empowers the Regional Commissioner with quasi-judicial authority equivalent to that of a civil court to investigate cases involving unregulated financial establishments and protect the interests of depositors.
A copy of summons
The notice states that the nature of the allegations falls squarely within the ambit of Section 2(4) of the KIDSAFE Act, 2004, bringing Bangalore Golf Club under its jurisdiction. The summoned party is directed to appear before the authority at 3 PM on June 13, 2025, at the Special Officer and Competent Authority’s office in the Podium Block of Vishweshwaraiah Towers, Bengaluru.
The club has been instructed to produce relevant documents and information that would assist in verifying the claims made in the complaint. Failure to comply may lead to further legal consequences under the provisions of the Act.
This development marks a significant turn for the 150-year-old club, which has been a fixture of Bengaluru’s elite social and sporting circles. How the club responds to the summons may have broader implications for financial accountability in private member organisations across the state.