<p>The decision to call the meeting on May 24 was taken after a meeting between secretary general Randhir Singh and acting president V K Malhotra during the day.<br /><br />As per IOA constitution, a 15-day notice has to be given to the members for convening the executive board meeting.<br /><br />"The secretary general and the acting president met today and it was decided to call the meeting on May 24," IOA vice-president Tarlochan Singh told PTI.<br /><br />He said the agenda of the meeting would be finalised in the due course of time and would be circulated to the members.<br /><br />The meeting assumes importance in the light of recent developments which has led to the arrest of Kalmadi.<br /><br />Sports Minister Ajay Maken had earlier said that the Indian Olympic Association would be asked to elect a new president if Kalmadi is arrested by the CBI and threatened intervention by the Ministry if the IOA fails to act.<br /><br />A day after the arrest of Kalmadi, IOA officials immediately had started informal stock-taking exercise to decide the future course of action.<br /><br />Kalmadi, former Commonwealth Games Organising Committee chairman, was arrested on Monday by CBI for allegedly awarding a contract for the mega event to a Swiss company at an inflated rate of Rs 141 crore in a "pre-meditated" manner.</p>
<p>The decision to call the meeting on May 24 was taken after a meeting between secretary general Randhir Singh and acting president V K Malhotra during the day.<br /><br />As per IOA constitution, a 15-day notice has to be given to the members for convening the executive board meeting.<br /><br />"The secretary general and the acting president met today and it was decided to call the meeting on May 24," IOA vice-president Tarlochan Singh told PTI.<br /><br />He said the agenda of the meeting would be finalised in the due course of time and would be circulated to the members.<br /><br />The meeting assumes importance in the light of recent developments which has led to the arrest of Kalmadi.<br /><br />Sports Minister Ajay Maken had earlier said that the Indian Olympic Association would be asked to elect a new president if Kalmadi is arrested by the CBI and threatened intervention by the Ministry if the IOA fails to act.<br /><br />A day after the arrest of Kalmadi, IOA officials immediately had started informal stock-taking exercise to decide the future course of action.<br /><br />Kalmadi, former Commonwealth Games Organising Committee chairman, was arrested on Monday by CBI for allegedly awarding a contract for the mega event to a Swiss company at an inflated rate of Rs 141 crore in a "pre-meditated" manner.</p>