FIITJEE breaks silence on centre shutdowns, blames sudden desertion by managing companions for current disaster
Amid issues raised by mother and father and college students over the current disruptions at FIITJEE centres in varied states, together with Delhi NCR, the institute issued an official assertion on Saturday blaming the ‘Centre Managing Companions’ for the disaster. Based on the assertion, the sudden desertion of sure Centre Managing Companions, together with their groups, has precipitated the present scenario.
The institute clarified that it has not independently determined to shut any centres. As an alternative, firm officers are actively working to revive operations in any respect affected places inside an inexpensive timeframe. FIITJEE additionally said that its authorized group is taking applicable measures to handle legal instances lodged in opposition to it.
FIITJEE attributed the scenario to a “legal conspiracy” orchestrated by people with vested pursuits, asserting that the reality will quickly come to gentle. It additional warned of strict authorized motion in opposition to opponents allegedly partaking in unfair commerce practices.
The institute urged college students to stay centered on their research and never be influenced by deceptive techniques. “FIITJEE has produced dominant leads to India in JEE Primary, JEE Superior, NTSE, and Olympiads for the final 28 years. And it’ll proceed to take action. FIITJEE’s dedication to its success is unwavering,” the assertion learn.
The press launch detailed the underlying causes of the corporate’s monetary challenges. It defined that choices relating to centre-level operations, together with profitability and bills, are independently managed by Managing Companions, with the company workplace in Delhi offering assist as wanted. Nonetheless, owing to mismanagement & exploitation by the Managing Companions, FIITJEE’s monetary scenario worsened in January 2024.
In February 2024, the corporate reportedly addressed the Core Group and all Managing Companions, recommending operational optimisation and improved work tradition to get better from monetary difficulties. Regardless of these efforts, some Managing Companions allegedly did not act and, as an alternative, exploited the scenario to achieve unfair benefit. “Fairly than engaged on correct optimisation, they halted admissions and disrupted common processes, exacerbating the monetary crunch,” the assertion added.
FIITJEE emphasised its dedication to transparency and moral practices, providing to supply entry to documentation and audits to substantiate its claims. The institute famous that its accounts are audited by reputed companies, guaranteeing compliance with all rules.
