INDEPENDENCE DAY 2009

Independence Day 2009 was celebrated in the Society with enthusiasm. The programme started with a simple flag hoisting ceremony followed by competions for children. The National Flag was hoisted by Ms Nikita and Master Sidhatha - the children had scored over 90 % marks in the board exams. Competitions were held to boost the confidence of the children.

1. Speech by children over twelve years of age on 'Global Warming', 'Abolition of Tenth Standard Board Exams', and 'Prevention of Swine Flu'. The children were well prepared, confident and had researched their subjects thoroughly.

2. The same competition was held for children below twelve years of age. Their confidence was a matter of pride for the denizens of DIN Apts. Some children added the right mood to the celebrations by displaying their talent in playing musical instruments.

To round off the event, Ms Nikita distributed the prises to encourage the children.

CHANGE OF GUARD

With effect from mid night 16 / 17th Aug 2009, Col Jagdish Madan, Retd will take over the charge as Secretary of the Society from Col RC Kapoor.

KRISHNA JANMASHTAMI CELEBRATIONS

Janmashtami, the birth of Bhagwan Krishna, is celebrated on the eighth day (Ashtami) in the month of Sravana or Savana to welcome and enjoy Lord Krishna's birth. The birth of Lord Krishna took place when the various planets were in auspicious places. It is said that God chooses a particular time, as to when he will take birth as a human and the planetary systems are adjusted accordingly.


Around the time of Bhagwan Krishna's birth, Rohini Nakshatra was predominant as it is considered to be quite auspicious as it is under the supervision of Brahma, the creator of Universe. The main objective of Lord Krishna's birth was to free Mother Earth from the wickedness of demons. Playing an important part in Mahabharata (legendary battle in Kurukshetra) and propagating the theory of bhakti and good karma were other important objectives.


Janmashtami is celebrated with fervor in India. The festivities include various rituals being followed religiously. Temples all over India engage in various ceremonies and prayers in honour of Lord Krishna. Chanting of shlokas, readings from religious texts, singing devotional songs and dance performances are a common sight.


In DIN Apts too, the birth of Lord Krishna was celebrated by the ladies on 14 Aug 2009 with gusto.

EXPENDITURE FOR THE MONTH OF JULY 2009

1. Expenditure / Cash Outgo from 1st to 31st July 2009

(a) Smt. Kamlesh Sethi’s case : “Out of Court” settlement for refund of Rs.5,50,000/- in four installments without interest. First Installment paid on 31.07.2009 Rs.2,00,000/-

(b) Electricity expenses for common area during July 09. Rs. 43,012/-*

(c) Diesel for generator Rs. 4,000/-

(d) Engine Oil for generator Rs. 3,170/-
(e) Welding of battery bracket of generator Rs. 250/-
(f) Transportation charges for generator Rs. 800/-
(g) Prasad distribution for start of overhauled generator Rs. 100/-
(h) Security Bill for July 2009. Rs. 21,271/-
(i) Gas for Guard Room Rs. 200/-
(j) MTNL/Airtel telephone bill Rs. 892/-
(k) Salary for Society’s employees Rs. *24,350/-
(l) Overtime paid @ Rs 400/- each Rs. 1,600/-

(i) Shri Narayan
(ii) Gauri Shankar
(iii) Sharad
(vi) Shri Ram Kishan

(m) Magazine for Library Rs. 682/-

(n) Welding & packing material for busted FF Pipe of ‘B’ Block. Rs 1010/-
(o) AMC - Quarterly payment (July to Sep.2009) for Lifts Rs. 57,673/-

(p) LCC Card for intercom eight connections (1st Installment) Rs. 5,000/-

(q) Replacement of old battery for intercom system Rs. 1,100/-

(r) Fitting of pipes on the rear side of in A & C Block stair cases Rs. 5,000/-

(s) Electrical spares for the Society. Rs. 1,976/-

(t) Cleaning material for the Society. Rs. 1,445/-

(u) Conveyance to staff including attending to court cases Rs. 3,350/-

(v) Trash Removal charges (MCD) Rs. 500/-

(w) Postage Rs. 187/-

(x) Photocopy charges Rs. 258/-

(y) Stationery for office. Rs. 40/-

(z) Pepsi in connection with MC meeting Rs. 95/-

(aa)Miscellaneous charges in connection with Audit 2007-08 Rs. 400/-

(ab) One Key (18x19) & Galen Dori for water pump Rs. 45/-

(ac) Two rubber stamps made for office Rs. 40/-
------------------
Total Expenditure: Rs. 3,78,446/-
------------------


2. Amount Received:

(1) Maintenance/BMF (including recoveries) Rs 1,52,600/-

(2) Water Charges Rs 6,850/-

(3) Chand Case Rs 10,000/-

(4) Ground Rent Rs 20,545/-

(5) Other recoveries. Rs 7,691/-

(6) Transfer Money Rs. 1,000/-

(7) Admission Fee & Share Money Rs. 220/-
-----------------
Total Receipt: Rs. 1,98,906/-
-----------------
* Total electricity bill for the month Rs. 3,82,762/-

3. Members desirous of checking details are welcome to the Society’s office and check accounts on any working day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.

4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.


* Increase in salary is owing to appointment of Estate Manager w.e.f. 08-05-09.


Note: Main Generator developed major defects on 12.07.2009 and was under repair for about a week. Payment towards repair, welding etc. is to be made on receipt of the bill from the Trishul Enterprises and shall be notified after the payment is made.

RANA CASE HEARING IN HIGH COURT

No hearing could take place in the High Court on 23rd and 27th Jul 2009. The next date of hearing has been scheduled for 03 Nov 2009.

SETTLEMENT OF JEETRAJ SETHI CASE

1. Case in a nut shell

(a) Smt. Kamlesh Sethi became a member of Din CGHS Ltd. on 02.07.95 and was allotted membership No. 429.

(b) Upto 4th Oct. 1998, she had paid only Rs.5,50,000/- towards cost of the flat.

(c ) Since she had not paid the qualified amount by the date of draw of lots, numerous reminders were sent to her for payment of her dues.

(d) Failing to get any positive response from her, the Society took up a case with the Registrar Cooperative Societies (RCS) for her expulsion.

(e) Following due process of law, the RCS approved her expulsion from the Society on 19.2.1999.

(f) She had nominated Shri Harsh Sethi, her son, as her nominee and the record was held in the Society office.

(g) Unfortunately, Smt. Sethi expired on 06.01.02.

(h) Shri Jeet Raj Sethi husband of Smt. Kamlesh Sethi staked a claim to the amount of Rs.5,50,000/- deposited by her.

(i) The then MC refused to acknowledge the fact that Smt. Kamlesh Sethi had named any nominee and denied holding any record to that effect. The then MC declined to make the requisite refund either to Shri Jeet Raj Sethi or to her nominee.

(j) Shri Jeet Raj Sethi approached the District Consumer Disputes Redressal Forum for recovery of the amount.

(k) On 25.02.08 the District Consumer Disputes Redressal Forum ordered that the legal representative of deceased Smt. Kamlesh Sethi is entitled to withdraw the amount of Rs.5,50,000/- together with an interest of 9 % p.a. from the date of deposit to the date of realization.

(l) The then MC concealed this fact from the members and appealed against the order in State Consumer Disputes Redressal Commission.

2. Current Status of the Case

(a) The present MC, guided purely by the Society’s moral obligation to a deceased member, particularly one who had declared her nominee and record to this effect was available in the Society office, saw no merit in continuing with the case.

(b) Accordingly, an Agreement for ‘out of court’ settlement with Shri Jeet Raj Sethi was arrived at on 30.05.2009. The terms of the Agreement are listed below: -

(i) That Shri Jeet Raj Sethi, father of the nominee, Shri Harsh Sethi will receive Rs.5,50,000/- without interest.

(ii) That neither Shri Jeet Raj Sethi nor any other legal heirs will put their claim on the basis of membership No.429 against the Society in any manner.

(iii) Indemnity Bond indemnifying the Society from consequences of this Agreement was obtained.

(iv) Shri Harsh Sethi, the legal nominee of the deceased Kamlesh Sethi had rendered a no objection certificate as well as executed a Special Power of Attorney in favour of his father Shri Jeet Raj Sethi.

(v) The amount of Rs.5,50,000/- due from the Society to late Smt. Kamlesh Sethi is being paid to Shri Jeet Raj Sethi in the following manner:-

(aa) First installment of Rs.2,00,000/- (Rupees two lakhs only) by 31st July 2009.

(ab)Second installment of Rs.1,00,000/- (Rupees one lakh only) by 26th October 2009.

(ac)Third installment of Rs.1,25,000/- (Rupees one lakh twenty five thousand only) by 30th November 2009.

(ad)Fourth and final installment of Rs.1,25,000/- (Rupees one lakh twenty five thousand only) by 31st December 2009.

Notes:

(1) Relevant papers have been filed in the District Consumers Disputes Redressal Forum and the State Consumers Disputes Redressal Commission for withdrawal of existing cases / closing the same.

(2) The case has been fought for years wasting members’ hard earned money without any valid reason.

(3) Undue harrasement to family of aa deceased member has been caused for no apparent reason.

PROCEDURE FOR BUYING A FLAT IN DIN CGHS LTD

EXTREME SHORTAGE OF WATER

Of late Dwarka has been plagued by an extreme shortage of water, wherein the Delhi Jal Board (DJB) has been releasing water to the DDA at a rate much below the normal. A liaison with DDA revealed that the problem is common to all Societies. In fact, this Society is slightly better off since we have a water reservoir of sufficient capacity to support the number of flats occupied.

There is an urgent need to conserve this precious commodity at the level of members/residents. Various measures towards this end have been notified from time to time. However, implementation of these measures has been less than desirable. The measures outlined are reproduced below for explicit compliance: -

(a) Drinking water from syntax tanks not to be used for any other purpose.
(b) Washing of floors is not permitted.
(c) Flower pots are not to be maintained in common areas by individual members / residents.
(d) Washing of cars is banned.
(e) Inside premises must only be cleaned by wet sweeps and no washing of floors is permitted.
(f) Coolers should not be allowed to overflow.

In view of the foregoing, members and residents are requested to kindly cooperate with the Management to conserve water. A violation of measures enumerated abid will invite a penalty of Rs 100/- on the first occasion and the penalty amount will be doubled on subsequent occasions.

DDA NOTICE & OUR REPLY

REPLY BY THE SOCIETY

No.DIN/DDA/2009 03rd July 2009.

The Joint Director (L&I),
Building Section,
Delhi Development Authority,
C-1, 1st Floor, Vikas Sadan,
I.N.A., New Delhi-110023.

Reply to Show Cause Notice No. F.23(33)/95/Bldg./18 dated 18/06/09, under
Section 30(1) and 31-(A) of DDA Act for and on behalf of the Society.

Dear Sir,

Please refer to your Show Cause Notice No. No. F.23(33)/95/Bldg./18 dated 18/06/09.

2. In this connection your attention is also invited to the following: -

(i) DDA letter No 23 (33) 95 / Bldg dated 9.9.1996 sanctioning the building plans of DIN CGHS Ltd; wherein proposed FAR is 132.92 % against a permitted FAR of 133 %.

(ii) Federation of Cooperative Group Housing Societies – Dwarka Ltd (Regn No 2/FED/GH/SW) letter dated 05 Oct 2006. (Copy Attached).

(iii) Federation of Cooperative Group Housing Societies – Dwarka Ltd (Regn No 2/FED/ GH/ SW) letter dated 12 Nov 2007. (Copy Attached).

3. The matter has been considered by the Managing Committee of Din C. G. H. S. Ltd. and our reply to the Show Cause Notice is as under: -

(1) The Society provided smaller balconies for the purpose of maintaining coolers etc. The balconies were covered in the sanctioned FAR and measured only 10.13 Sqm (Certificate of Architect Attached) and their inclusion within the flats may not constitute an unauthorized development as inferred by the DDA.

(2) In any case, even after covering of the balconies by some flat owners, the members have not exceeded the permitted FAR as on date. In addition, it may kindly be noted that there is no structural alteration to the approved building plan.

(3) The FAR inclusive of balconies area is much less than that permitted as on date, i.e. 166. It is pertinent to mention that the DDA has already allowed coverage of balconies and various extensions in case of DDA flats in the Capital and it is expected that similar relaxation is allowed to flat owners of Group Housing Societies.

(4) The Architect (M/s B. D. Arora) has not provided the copies of documents submitted by him for completion certificate and as such our submission is based on sanctioned plan. We request to provide us a copy of all the documents submitted by the Architect to enable us to get the same reviewed by another Architect. We are ready to pay the relevant charges for such copies.

In view of the foregoing, you are requested to take a considered view and withdraw the notice issued to the Society.

FOLLOW UP ACTION

1. Ref DDA Notice No.F.23(33)/95/Bldg./18 dated 18 Jun 2009 and this office letter No. DIN/DDDA/2009 dated 03 July 2009 in response there-of.

2. Mr VS Nagar and Col Jagdish Madan, Retd had gone to the DDA office to appear before Mr AK Manna, Dir L & I at 1500 hrs on 09 Jul 2009. It was explained to him that no member of the Society had extended the balconies and no structural tampering had taken place in the Society. The balconies in the Society flats were already covered and a few members had just closed the openings with glass supported by light wooden / aluminum frames.

3. The Dir L & I accepted our version and assured us of all help. He said there were two options before the Society: -

(a) Option 1. The Society can apply for a revised approval of building plans. In that case, the Society will have to pay 1 % of the construction cost as per audit report reflecting the same to the DDA as labour cess. The application for revised approval must accompany a fresh building plan which shows the covered balconies in the FAR.

(b) Option 2. The Society can apply for a ‘Completion Certificate’ with revised building plans to cover an FAR upto 167 sqm. In that case, covering of the balconies will automatically get included. In addition, the Society will also get the sanction for extension of existing balconies / construction of new ones upto the additional area sanctioned. The present sanctioned FAR is 133 sqm.

Note: We have to choose either option and apply for DDA approval before 09 Sep 2009 i.e. within 60 days.


4. The Dir L & I also said that a proposal to accord sanction to CGHSs to cover the existing balconies is already pending with the Ministry of Urban Development. However, obtaining a completion certificate is mandatory for all Coop societies and we cannot delay this any further. Documents required to accompany the application for a Completion Certificate are appended below:-

(a) Processing fee of Re. 1/- per sq. meter of construction. (87.89 x 166)
(b) The certificate by the Society and Architect/Engineer/Supervisor for Appendix B-3 (Building Bye Laws No. 7.5.2); (in duplicate – both original)
(c) DUAC Planning Proforma (in duplicate – both original) for Completion Certificate by Architect.
(d) Two sets of building photographs (coloured) (in size of 8”x10”).
(e) Two sets of model photographs (coloured) (in size of 8”x10”).
(f) External Finish Certificate (in duplicate)
(g) Certificate regarding deviations from the Architect (in duplicate)
(h) One set of attested copies of sanctioned plan.
(i) Two sets of completion plans.
(j) Copies of sanction for water/sewer plans.

5. Upon being informed that the Society’s Architect had passed away, we were told that following additional documents will be required in that case:-

(a) GBM Resolution appointing another Architect.
(b) GBM Resolution of the present MC office bearers.
(c) Copy of appointment letter of the Architect signed by authorized signatory on Society’s letter head.
(d) Copy of valid lift licenses for all the lifts.

6. Before submitting application for completion certificate to the DDA, the Society must install Day/Night marking atop each residential tower. A photograph of the same has to accompany the application.

7. S.S. & Associates, an Architects & Engineers firm in Dwarka dealing with completion certificate for Cooperative Societies will be visiting for the purpose on Sunday, the 12th July 2009. Contact details are as under:-

Address C-8/155, Sector 17, Dwarka, New Delhi-110075.
Cell # 9810962934,
Email : anilshekhar71@gmail.com

EXPENDITURE FOR THE MONTH OF JUN 2009

1. Expenditure / Cash Outgo from 1st to 30th June 2009.

(a) Electricity expenses for common area during May 09. Rs. 28,246/-*
(b) Diesel for generator Rs. 9,000/-
(c) 15 Ltrs. Engine Oil for generator Rs. 2,470/-
(d) Security Bill for May 2009 & 16 days of June 09 Rs. 50,357/-
(e) MTNL/Airtel telephone bill Rs. 777/-
(f) Salary for Society’s employees Rs. *25,108/-
(g) Advance to Shri Narayan (deducable Rs.1000/- p.m.) Rs. 5,000/-
(h) Overtime paid @ Rs 400/- each Rs. 1,600/-

(i) Shri Narayan
(ii) Shri Gauri Shankar
(iii) Shri Sharad
(vi) Shri Ram Kishan
(i) Magazine for Library Rs. 563/-
(j) Membership fee of Federation of CGHS Ltd. Rs. 1,000/-
(k) Audit fee paid to RCS @ Re.1/- per flat Rs. 160/-
(l) Late fee for submission of Audit papers to RCS Rs. 1,000/-
(m) Cost levied by Hon’ble Judge in Case of Om Prakash) Rs. 1,500/-
(n) Electrical spares for the Society. Rs. 6,617/-
(o) Repair/Rewinding of all the three water pumps Rs. 5,209/-
(p) Conveyance to staff Rs. 65/-
(q) Six Tumblers purchased for Society Rs. 90/-
(r) Trash Removal charges (MCD) Rs. 500/-
(s) Postage Rs. 218/-
(t) Photocopy charges Rs. 97/-
(u) Stationery for office. Rs. 165/-
(v) Pepsi in connection with MC meeting Rs. 55/-
(w) Battery Cell for Electrician Torch Rs. 60/-
(x) Labour charges for broke open the lock of office rack Rs. 120/-
------------------
Total Expenditure: Rs. 1,39,977/-
------------------
2. Amount Received:
(1) Maintenance/BMF (including recoveries) Rs 1,26,600/-
(2) Water Charges Rs 7,050/-
(3) Chand Case Rs 40,000/-
(4) Ground Rent Rs 2,935/-
(5) Other recoveries. Rs 5,340/-
-----------------
Total Receipt: Rs. 1,81,925/-
-----------------
* Total electricity bill for the month Rs. 3,03,941/-

3. Members desirous of checking details are welcome to the Society’s office and check accounts on any working day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.

4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.

CHANGE OF SECURITY AND CLEANING AGENCY

EXPENDITURE FOR THE MONTH OF MAY 2009

1. Expenditure / Cash Outgo from 1st to 31st May 2009.

(a) Electricity expenses for common area during April 09. Rs. 37,585/-*
(b) Diesel for generator Rs. 7,700/-
(c) Security Bill for April 2009 Rs. 36,509/-
(d) MTNL/Airtel telephone bill Rs. 664/-
(e) AMC for Generator for the quarter April to June 09 Rs. 5,515/-
(f) Salary for Society’s employees Rs. 22,850/-
(g) Overtime paid @ Rs 400/- each Rs. 1,600/-

(i) Shri Narayan
(ii) Shri Gauri Shankar
(iii) Shri Sharad
(vi) Shri Ram Kishan

(h) Water Charges for the period 2/5/09 to 24/1/09 Rs. 24,866/-
(i) Auditors Fee for audit for the year ending 31.3.2008 Rs. 9,759/-
(j) Tea for auditor Rs. 12/-
(k) Magazine for Library Rs. 589/-
(l) Advocate Bill Rs. 56,000/-
(In case of M/s Rana Construction Co.)
(m) Labour charges with material to Gobindi for painting Rs. 1,500/-
TT Room.
(n) Conveyance to staff Rs. 600/-
(o) Formatting & Cartridge for computer Rs. 3,262/-
(p) Trash Removal charges(MCD) Rs. 500/-
(q) Postage Rs. 195/-
(r) Photocopy charges Rs. 253/-
(q) Stationery (MC Minutes Register) Rs. 85/-
(t) Painting & Repair of Cooler for office Rs. 525/-
(u) Electric wire and other items for TT Room Rs. 85/-
(v) Battery Cell for Electrician Torch Rs. 60/-
(w) Guard Room’s Fans repair Rs. 625/-
(x) Gas for Guard Room for the month of April & May Rs. 400/-
------------------
Total Expenditure: Rs. 2,11,739/-
------------------

2. Amount Received:

(1) Maintenance (including recoveries) Rs 94,600/-
(2) Water Charges Rs 7,200/-
(3) Chand Case Rs 10,000/-
(4) Ground Rent Rs 8,805/-
(5) Other recoveries. Rs 8,805/-
-----------------
Total Receipt: Rs. 1,29,410/-
-----------------
* Total electricity bill for the month Rs. 2,03,655/-

3. Members desirous of checking details are welcome to the Society’s office and check accounts on any working day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.

4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.

5. The delay in displaying the accounts is regretted.

EXPENDITURE FOR THE MONTH OF APRIL 2009

1. Expenditure / Cash Outgo from 1st to 30th April 2009.

(a) Electricity expenses for common area during March 09. Rs. 27,763/-*
(b) Diesel for generator Rs. 4,980/-
(c) Security Bill for April 2009 Rs. 37,191/-
(d) MTNL/Airtel telephone bill Rs. 762/-
(e) AMC for Lifts for the quarter April to June 09 Rs. 57,673/-
(f) Salary for Society’s employees Rs. 20,850/-
(g) Overtime paid @ Rs 400/- each Rs. 1,600/-
(i) Shri Narayan
(ii) Shri Gauri Shankar
(iii) Shri Sharad
(vi) Shri Ram Kishan

(h) Membership Fee for Federation for 2007 & 2008 Rs. 2,000/-
(i) Magazine for Library Rs. 594/-
(j) Advocate Bill Rs. 13,200/-
(In case of Shyam Chaudhry and notice to Shri Anil
Sharma)
(k) Labour charges with material to Gobindi for painting Rs. 12,000/-
Two sides in ‘C’ Block & one side in ‘B’ Block.
(l) Conveyance to staff Rs. 320/-
(m) Computer repair Rs. 400/-
(n) Trash Removal charges(MCD) Rs. 500/-
(o) Postage Rs. 55/-
(p) Photocopy charges Rs. 152/-
(q) Stationery for office Rs. 55/-
( r) Cleaning material Rs. 1,626/-
(s) Screw Driver, Pliers & Tester for Electrician Rs. 205/-
------------------
Total Expenditure : Rs. 1,81,926/-
------------------

2. Amount Received :
(1) Maintenance (including recoveries) Rs 1, 31, 200/-
(2) Water Charges Rs 7, 500/-
(3) Chand Case Rs 20, 000/-
(4) Ground Rent Rs 24, 461/-
(5) Other recoveries. Rs 13, 510/-
-----------------
Total Receipt : Rs.1,96,671/-
-----------------
* Total electricity bill for the month Rs.1,45,454/-

Note : A sum of Rs. 500/- paid by Smt. Sharda Wadhawan towards
the cost of diesel.


3. Members desirous of checking details are welcome to the Society’s office and check accounts on any day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.

4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.

5. The delay in displaying the accounts is deeply regretted.

CHANGE OF GUARD

Col RC Kapoor, Retd has assumed the charge of Secretary with effect from 19th Apr 2009. The role of Secretary of DIN Apartments is a major responsibility and a great opportunity to improve standards and establish trends that have defied a decade of our existence in utter neglect. With his technical background and vast experience of management, Col RC Kapoor is the right choice to tackle the various tedious issues facing us. We wish Col Kapoor the very best and 'God Speed'.


HANDING / TAKING OVER NOTES

1. Office Keys. There are two sets of keys to the Society office. These are held as follows:-


(a) First Set. Handed over to Col RC Kapoor.

(b) Second Set. Held by Mr S Janardhanam.



2. Legal Cases. See Appendix A.



3. Metro Pass. One Metro Pass was made for commuting of MC members attending various court cases. Balance in the pass as on date is Rs 228.00. Same is handed over to Col RC Kapoor.



4. Case of Mr SC Verma. As per decision of the MC Meeting held on 05 Apr 2009, a letter has been sent to Mr SC Verma informing him of the MC’s approval of cancellation of allotment of Garage No 9 to him. The Garage has to be allotted to another member through a draw of lot for recovery of Mr SC Verma’s dues to the Society (Rs 58, 464/-). See details at Appendix B.



5. Case of Mr Anil Sharma. Details at Appendix C.



6. Case of Mr Vivek Chander Sood. The fact sheets as well as two individual files are with Mr LC Tomar. The case may be disposed off as deemed fit.



7. Water Booster Pumps. There are two water booster pumps installed to increase the flow of water supplied by the DDA. One pump has developed defects and has been given to Mukesh for repairs. Rs 1,600/- have to be paid for the same after the same is received back and installed after repairs. The second pump is leaking and needs repairs too.



8. BSES Isolators. The BSES has got two isolators located behind A Block. The keys to these rooms are held by the Company. One isolator had got burnt on 20 Mar 2009. Though adhoc repairs of the equipment have been carried out, proper repairs of the same needs to be pursued with BSES. The issue has been raised with Ms Renu Anthony (9350110164), Chief Coordinator with Chairman BSES and Mr RK Kapoor (9350261436), BSES Area Head.



9. Ground Rent Arrears. The DDA has written a letter to indicate that the Society owes it a ground rent arrear of Rs 24,23,730.75. The ‘Perpetual Lease deed” of the Society plot mentions that ground rent was supposed to have been paid with effect from Aug 1998. The Society as per record held in the office has started paying ground rent wef 2001. The issue needs to be resolved through liaison with the DDA.





10. Lifts Licence. The challan of Rs 3090/- has been paid and Kone Elevators India Pvt Ltd informed of the same. Kone has to be reminded to expedite issue of the licence by Inspector of Lifts, Karampura. Licence has expired on 10 Apr 09.



11. Extreme Shortage of Water. There is an extreme shortage of water with the quantity of DDA supplied water reducing on a daily basis. The same needs to be monitored regularly and steps taken to overcome the problem.



12. Flats Under Sale. Flat Nos 152, 46, 108, 27, 56 and 59 are at various stages of being sold. Flat Nos 27, 46, 59, 27 & 152 have garages allotted to the owner. For action as deemed fit.



13. Concrete Coat of C Block. The outer concrete coat of C Block is coming dangerously loose and may fall at any time. If this happens, it could cause serious injury to those in the vicinity. The same needs to be repaired on priority.



14. Water Proofing of Roofs. The roofs of A & B Blocks are leaking with residents on 7th floor suffering the most. The problem must be addressed before the onset of monsoons.



15. Office Equipment. The office is in dire need of filing cabinets and another computer.



16. Audit 2008-2009. The observations on the Audit Report prepared by Mr VK Goyal have been circulated to MC members with a request to forward their comments / approval by 10 Apr 09 for further sending these to the auditors. The observations have to be incorporated in the Audit Report before it is sent to the RCS. A Cheque for Rs 160/- payable to the RCS must accompany the observations and the Audit Report being forwarded to Mr VK Goyal. The auditors have returned the observations along with their queries. These have to be addressed on an urgent basis.



17. Insurance of Movable Assets. The MC had approved the insurance of movable assets in the last MC meeting held on 05 Apr 2009. The same has to be got done as soon as possible.



18. DIN Daily Digest & Sanction Book. The Daily Digest is a record of everyday happenings covering the period from 14 Sep to date. The Sanction Book contains sanction obtained for all expenditures made from the Society funds till date. Both registers are handed over to Col RC Kapoor.



19. Minutes of the MC Meeting Register. The Register containing 294 pages has been handed over to Col RC Kapoor.



20. Cash in Hand. Rs 2, 285/- in cash has been handed over to Col RC Kapoor.




21. Dissemination of Information. Keep the MC members including the President informed of all major and important events/developments.



22. General Body Meeting. The date of next General Body Meeting has to be decided once the audit for 2007-08 is complete.

Earth Hour

Observing the ‘Earth Hour' when the world switched off all non essential power between 8.30 and 9.30 pm on March 28, was a most positive, though tiny, step in the right direction to tackle the problem of ‘Global Warming’. It underlines the importance of individual participation in the effort to confront the looming catastrophe facing the planet. It is of utmost importance to generate awareness about the subject among the population. The response has been beyond imagination.

Earth Hour was created by WWF in Sydney, Australia in 2007, and in one year has grown from an event in one city to a global movement. In 2008, millions of people, businesses, governments and civic organizations in nearly 200 cities around the globe turned out for Earth Hour. The first Earth Hour was held in Sydney, Australia between 7:30 p.m. and 8:30 p.m. on 31 March 2007 that is estimated to have cut Sydney's mains electricity consumption by between 2.1% and 10.2% for that hour, with as many as 2.2 million people taking part. There is no doubt that India can beat that record, provided the issue is widely written and talked about to rouse people’s interest in the event.

In our own humble way, the denizens of DIN Apts also participated in the global event by adhering to the stipulated timings for switching off all lights.

ANALYSIS OF EXPENDITURE BY THIS MC

Some members have raised very relevant queries regarding utilization of maintenance funds (Rs 1000.00) being contributed by them every month. A detailed run down of how the present Management Committee deploys financial resources of the Society is tabulated below:-

Monthly Expenditure
1. Maintenance of Lifts - Rs 19, 584.00*
2. Lifts’ License - Rs 3,600.00*
3. Maintenance of Generator - Rs 1,666.00*
4. Maintenance of Intercom System - Rs 2,243.00*
5. Average Common Electricity Bill - Rs 36,363.00
6. Security and Cleaning Rs 37,190.00
7. Salary of Employees - Rs 20,850.00
8. Overtime to Employees - Rs 1,600.00
9. Water Bill - Rs 21,500.00
10. Office Telephone - Rs 1,000.00
11. Diesel for Generator - Rs 3,500.00
12. Emergency Repairs of Genset,
Electricity Sub Station, Water
Pumping Station and Submersible
Pumps - Rs 8,000.00
13. MCD Trash Removal - Rs 500.00
14. Library Bill - Rs 690.00
15. Gas for Main Gate - Rs 200.00
16. Cleaning Material - Rs 1,500.00
-----------------------
Total - Rs 1, 59, 986.00**
-----------------------
* Annual Maintenance Contracts
** The figures above do not include one time expenditure like white washing & painting of assets.

• Share per Member - Rs 999. 91

VIVEK CHANDER SOOD: A PECULIAR CASE EMERGES

Mr Vivek Chander Sood, Membership No 433 started paying intermittent visits to the Society to enquire the status of allotment of a flat to him. He was told that the present MC is not conversant with his case and would need time to study the same before making any committment to him.On 19th March 2009, a letter was received from Shri Vivek Chander Sood requesting the Society to expedite allotment of a flat to him. His case was then studied in detail by three independent members (Shri NN Srivastava, Shri Suresh Srivastava and Shri AS Gulia). Highlights of the case are summarised in succeeding paras.



2. Shri Vivek Chander Sood was enrolled in the Society on 3rd November 1995 and was given membership No. 433. A share certificate was also issued to him.



3. His name was excluded from the draw of lots held on 04 Oct 1998 as he had not paid the qualifying amount. Details of payment received from Shri Vivek Chander Sood up to 04 Oct 1998 are as under:-

Date Cheque No Amount Receipt No. Details.

(a)03 Nov 95 Cash Rs. 110.00 2053 Adm.& Share Money
(b)03 Nov 95 128698 Rs. 25,000.00 2054 Part of Land Money
(c) 25 Feb 96 718218 Rs. 90,000.00 2171 Land Money
(d) 22 Feb 97 726131 Rs. 10,000.00 2524 Land Money Rs.1,15,000.00 Construction Money
(e)13 Mar 97 001772 Rs.1,03,000.00 2572 - do –
(f)12 Apr 97 726145 Rs. 50,000.00 2642 - do –
(g)16 Jun 97 753802 )
003800 )Rs. 91,500.00 2791 - do -

Total: Rs.4,84,500.00



4. Details of amount paid by Shri Vivek Chander Sood after the draw of lots held on 04 Oct 1998 are as under:-

Date Cheque No. Amount Receipt No. Details.

(a) 09 Oct. 98 407978 Rs. 51,000.00 3723 Construction Money
(b) 28 Oct. 98 167748 Rs.1,15,000.00 3737 - do -
Rs.2,25,000.00 Development Money

Total amount paid Rs.8,75,500.00



5. The RCS, vide letter No. F.47/852/Coop/GH/SW/399 dated 07 May 2002, had advised the Society to forward the name of Shri Vivek Chander Sood to the DDA for conducting a draw of lot, subject to the condition that he has cleared all outstanding dues to the Society. The RCS also advised the DDA to conduct the draw of lot for Shri Vivek Chander Sood vide letter No. F.47/852/GH/Coop dated 29.07.2002.



6. The Society, vide letter No. DIN/433/2002 dated 30 Jul 02 requested the DDA to conduct a draw of lot to allot one of the four vacant flats to Shri Vivek Chander Sood. The vacant flats identified by the Society for inclusion in the draw were Flat Nos. 19, 53, 110 and 164. It was pointed out that Flat No. 19 was allotted to Shri Prasheel Bhardwaj in the draw of lot held on 04 Oct 98 but he had subsequently resigned from the membership of the Society.



7. There is no record of what transpired in the case thereafter up to 14 Feb 2006. On that date the Society received DDA letter No. F.7(132)92/GH/DDA/2142 dated 14 Feb 06 requesting the representatives of the Society, the RCS and Shri Vivek Chander Sood in person to be present in the office of Asstt. Director (GH), DDA at 3 PM on 22 Feb 06 for the draw of lot. The Society was advised to inform the RCS and Shri Vivek Chander Sood of the impending draw of lot, the venue and time of the event. There is no record of what happened on 22 Feb 06 and why the draw was not held.



8. In May 2006, the Society received DDA letter No. F.7(132)92/GH/DDA/5815 dated 04 May 06 fixing the draw of lot for 3 PM on 12 May 06. There is no record held in the office of any progress on the case thereafter. With the receipt of the present Cheque No.949178 for Rs.79,500/- Shri Vivek Chander Sood has paid Rs.9,55,000.00



9. Dues against Shri Vivek Chander Sood outstanding as on date are as under:-

(a) Construction Money Rs 49, 500.00

(b) One Time Maintenance Rs 25, 000.00

(c ) Electricity Security Rs 5, 000.00

(d) Land Tax (One time payment) Rs. 3, 000.00

(e) Rain Water Harvesting Rs. 1, 100.00

(f) Ground Rent 2001 to 2008 @ Rs.2935/-p.a.Rs. 23, 480.00

(g) Maintenance @ Rs.600/- p.m. w.e.f.
Oct.99 to Marc 06 (78 months) Rs. 46, 800.00

(h) Maintenance @ Rs.800/- p.m. w.e.f.
Apr 06 to Mar 09 (36 months) Rs. 28, 800.00



(i) Building Maintenance Fund @ Rs.200/- p.m.
w.e.f. Apr 06 to Mar 09 (36 months) Rs. 7, 200.00

(j) Electricity fixed charges @ Rs.140/- p.m.
from Aug. 03 to Aug. 08 (61 months) Rs. 8, 540.00

(k) Electricity fixed charges @ Rs.160/- p.m.
from Sep.08 to Mar 09 (7 months) Rs. 1, 120.00
--------------------
Rs 1, 99, 540.00
(l) Interest on (a) to (k) @ 12% p.m. from
2001 to 2008. Rs 1, 91, 558.40

(j) Chand Case Rs 10, 500.00
--------------------
Total Rs 4, 01, 598.40

Amount Received Rs 79, 500.00
---------------------
Total Dues Rs 3, 22, 098.40

---------------------

10. Should the DDA hold the draw of lot in the near future, it would be prudent to raise the demand for dues outlined in Para. 9 with Shri Vivek Chander Sood and insist upon payment prior to handing over possession of the flat to him.


11. The contents as enumerated above have been examined for correctness by three independent members and they have certified them to be true and in accordance with facts on file. The MC in its meeting held on 05 Apr 2009, decided to once again have the file examined in detail to avoid legal hassels at a later stage. The files have been given to Mr LC Tomar to study and give his recommendations.

EXPENDITURE FOR THE MONTH OF MAR 2009

1. Expenditure / Cash Outgo from 1 to 31st March 2009.



(a) Electricity expenses for common area during Feb.08 Rs. 27,009/-*

(b) Licence fee for six lifts Rs. 3,090/-

(c) Diesel for Generator Rs. 1,360/-

(d) Security Bill for March 2009 Rs. 37,191/-

(e) LPG Gas for Guard’s room Rs. 200/-

(f) MTNL/Airtel Bill Rs. 861/-

(g) Salary to employees Rs. 20,850/-

(h) Overtime paid to employees @ Rs.400/- each
(i) Shri Ram Kishan
(ii) Shri Gauri Shankar
(iii) Shri Sarad
(iv) Shri Narayan Rs. 1,600/-

(i) Conveyance charges Rs. 175/-

(j) Holi Celebration expenses Rs. 1,560/-

(k) Entertainment of Guest (Ex-Secy- Mr MK Negi) Rs. 90/-

(l) Cartage for 200 meters of grass carpet Rs. 200/-

(m) Recharge of Metro Smart Card Rs. 200/-

(n) Garbage Removal Charges (MCD) Rs. 500/-

(o) Library Bill Rs. 590/-

(p) Photostat Rs. 117/-

(q) Postage Rs. 213/-

(r) Quarterly Maintenance Charges for Generator
for the period from 01.01.09 to 31.03.09. Rs. 5,618/-

(s) Installation of a new starter & 69 indicators plus Vat Rs. 7,734/-

(t) Repair of submersible pump behind ‘C’ Block Rs. 4,770/-

(u) Repair of ‘C’ block syntax tank Rs. 48/-

(v) Advocate Bill in case of Jeet Raj Sethi. Rs. 1,100/-

(w) Painting of Staircases of all the blocks with material Rs. 22,500/-

(x) Marking of Flat Nos. & Car Parking Nos. Rs. 7,000/-

(z) Cleaning Material Rs 200/-

(aa) Battery Cell for electrician’s torch Rs. 60/-

(bb) Office UPS repair & Battery replacement Rs. 650/-
------------------
Total Expenditure: Rs. 1,45,486/- ------------------
2. Amount Received :
(1) Maintenance (Including Recoveries) Rs. 1,03,600/-
(2) Water Charges Rs. 7, 250/-
(3) Chand Case Rs. 56,000/-
(4) Ground Rent Rs. 36,685/-
(5) Miscellaneous receipt Rs. 16,714/-
(6) Other Recoveries Rs 81, 330/-
-----------------
Total Receipt : Rs. 3,01,579/-
-----------------


3. Members desirous of checking details are welcome to the Society’s office and check the accounts on any day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.



4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.

A DECADE OF UTTER CALOUSNESS: COMPLEX CASE EMERGES

The case of Anil Sharma was projected to the RCS vide DIN CGHS Ltd letter No. DIN/435/5A/2009 dated 17 Feb 09 and also discussed with him on 25 Feb. 2009, The RCS had sought details of the case relating to occupation of flat number 38 by Shri Anil Sharma. The details as available in Society’s records handed over to us are as follows:


1. Shri Anil Sharma, Membership No.435 who became a member of the Society on 09 Nov. 1995, was not included in the draw of lots held by the DDA, under supervision of the Registrar Cooperative Societies (RCS) on 04 Oct 1998, for having defaulted on payments to the Society. Ample opportunity was given to Shri Anil Sharma to clear his dues but the Society received no response from him.


2. The Society approached the RCS with the request to expel Shri Anil Sharma from the Society vide letter No. DIN/17/EXPULSION/98 dated 26 Nov 98. Final Notice for him and the other defaulters to clear their respective dues was also published in newspapers dated 9 Nov 98 (copies available in Office). The RCS too, had given him a final opportunity to explain his cause by appearing before him on 15 Dec 98 at 3 P.M. failing which his expulsion would be approved. He was instructed through Smt. Omwati Sharma, who had represented him, to clear all dues towards the Society by 17 Feb 99. What transpired at the hearing before the RCS is vividly recorded in RCS’s Order No. Reader/RCS/99/967-972 dated 19 Feb 99 (copy available) and expulsion of Shri Anil Sharma was approved.


3. There are no records to suggest that post-expulsion the amount deposited by Shri Anil Sharma along with share money was refunded to him by the MC (Shri Subhash Bhargava, the then President, Shri Madan Sharma, the then Secretary & Shri H. S. Monga, the then Treasurer). According to Shri Anil Sharma, he has misplaced/lost the share certificate issued to him. The counterfoil of the share certificate is not available in records held by the Society and has not been handed over to the present MC.


4. After his expulsion, Shri Anil Sharma deposited Cheque No. 703978 dated 18.02.99 for Rs. 7, 59,937/- with this Society. The Society informed the Registrar about receipt of the cheque from Shri Anil Sharma and sought his permission to accept the payment and to allow Shri Anil Sharma to continue his membership with the Society vide letter No.DIN/17/98 dated 24 Feb 99 (copy available). Thereafter, the Society returned the Cheque for Rs.7,59,937/- to Shri Anil Sharma vide letter No. DIN/17/99, dated 05 Mar 99 (copy available) stating “under the directives of RCS”. The directive of the RCS is not available in the records handed over to the present MC.


5. It is not clear as to how and under what compulsion the Society accepted the cheque from Shri Anil Sharma and Receipt No. 3887 dated 15 Mar 99 for the amount was issued to him by then Secretary Shri Madan Sharma. He was allowed to retain his original membership number (435), thereby restoring status quo as existed prior to his expulsion from the Society. The issue of reinstatement of Shri Anil Sharma is not reflected in any GBM / MC minutes available with the Society.


6. On 22 Feb 05, a certificate was issued by Shri M. K. Negi, the then Secretary, to Shri Anil Sharma stating that he had been given possession of Flat No 38 on 20 Sep 2000. There is no record of possession of flat No 38 ever being handed over to Shri Anil Sharma on 20 Sep 2000. It is not clear from the files as to when the keys to Flat No. 38 were handed over to Shri Anil Sharma and who had handed over the keys. This has been done without clearance from RCS and without following the due process of draw of lots.


7. On 29 July 2006, Shri Y. S. Mathur, then Secretary, reissued the certificate given by Shri M K Negi to Shri Anil Sharma. Shri Y S Mathur also issued NOC and other relevant papers to Shri Anil Sharma for applying to DDA for conversion of Flat No 38 from lease hold to free hold.


8. On 25 Feb 09, in the presence of Shri Anil Sharma and Col Jagdish Madan, Present Secretary Din Society, the RCS termed this an illegal act on part of the Society wherein legal action can be taken against the MC responsible. The possession of Flat No. 38, according to the RCS, is illegal occupation of the Society’s property by Shri Anil Sharma.


9. After conclusion of interaction with the RCS, Shri Anil Sharma and the Secretary visited the flat and the same was found vacant and in original condition i.e. it contained no belongings of Shri Anil Sharma and no modification has been done. Also present on the spot were S/Shri N. N. Srivastava, S. Janardhanam & Suresh Srivastava, who are members of Din CGHS Ltd.


10. Shri Anil Sharma is claiming that the flat was in his possession and it should be handed over to him. He has also put his lock on the flat.


In view of foregoing, the RCS has been requested to advise on status of Shri Anil Sharma’s membership and if possession of Flat No 38 can be handed over to him. Shri Anil Sharma has been paying maintenance and electricity charges as per records handed over to the present MC.

EXPENDITURE FOR THE MONTH OF FEB 2009

1. Expenditure / Cash Outgo from 1st to 28th February 2009.

(a) Electricity expenses for common area during Dec.08 Rs. 30,478/-*

(b) Water Bill for the period from 26.09.08 to 24.01.09
including tankers for the period 1.8.08 to 30.11.08 Rs. 86,041/-

(c) Diesel for Generator Rs. 2,038/-

(d) Security Bill for January 2009 Rs. 37,191/-

(e) LPG Gas for Guard’s room Rs. 200/-

(f) MTNL Rs. 954/-

(g) Salary to employees Rs. 20,850/-

(h) Overtime paid to employees @ Rs.400/- each
(i) Shri Ram Kishan
(ii) Shri Gauri Shankar
(iii) Shri Sarad
(iv) Shri Narayan Rs. 1,600/-

(i) Conveyance charges Rs. 112/-

(j) Garbage Removal Charges (MCD) Rs. 500/-

(k) Library Bill Rs. 600/-

(l) Photostat Rs. 163/-

(m) Stationery Rs. 40/-

(n) Postage Rs. 418/-

(o) Six monthly Maintenance Charges for intercom system
for the period from 01.02.09 to 31.07.09. Rs. 13,495/-

(p) Printing of “Receipt Books” envelops and files Rs. 5,900/-

(q) Court Stamps for obtaining certified copy of a file Rs. 140/-

(r) Painting & Flooring of all the Lifts Rs. 4,229/-

(s) Re-loading of ‘tally’ and refill of cartridge for printer Rs. 4,150/-

(t) Painting two sides of all the Blocks including material Rs. 24,000/-

(u) Repair of damaged concrete coat of Block ‘A’ Rs. 2,000/-

(v) Material 2 Bags ‘Birla Putty’ & ‘Kerosene oil’ Rs. 1,000/-

(w) Repair of lock (duplicate key) for Flat No. 38 Rs. 150/-

(x) Purchase of Plumbing Tool Rs. 175/-

(y) Painting one stair well of A Block Rs. 2,000/-

(z) Sweet earth and repair of land strip Behind ‘A’ Block Rs. 1,095/-

(aa) Cleaning Material Rs 1,045/-

(bb) Cleaning of sewer of “C” Block & purchase of
Bamboo for the purpose. Rs. 760/-

(cc) Repair of cycle rickshaw Rs. 25/-

(dd) Replacement of 4 strips of lawn benches Rs. 1,350/-

(ee) Repair of lawn mower & sprayer Rs. 1,080/-
------------------
Total Expenditure: Rs. 2,43,779/-
------------------
2. Amount Received :
(1) Maintenance (Including Recoveries) Rs. 1,00,600/-
(2) Water Charges Rs. 7,050/-
(3) Chand Case Rs. 36,000/-
(4) Ground Rent Rs. 16,633/-
(5) Miscellaneous receipt Rs. 7,155/-
-----------------
Total Receipt : Rs. 1,67,438/-
------------------
3. Members desirous of checking details are welcome to the Society’s office and check the accounts on any day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.



4. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.

*Total Electricity Bill for the month Rs.1,77,779/- only.

EXPENDITURE FOR THE MONTH OF JAN 2009

1. Expenditure / Cash Outgo from 1 to 31st January 2009.

(a) Electricity Bill for the month of December 2008 Rs. 24,996/-

(b) Electric spares (including fuse, starters etc.) Rs. 2,117/-

(c) Diesel for Generator Rs. 3,695/-

(d) Security Bill for January 2009 Rs. 37,190/-

(e) LPG Gas for Guard’s room Rs. 200/-

(f) MTNL Rs. 954/-

(g) Lohri Celebration Rs. 800/-

(h) Republic Day Celebration Rs. 9,028/-

(i) Salary to employees Rs. 20,850/-

(j) Overtime paid to employees @ Rs.400/- each

(i) Shri Ram Kishan
(ii) Shri Gauri Shankar
(iii) Shri Sarad
(iv) Shri Narayan Rs. 1,600/-

(k) Garbage Removal Charges (MCD) Rs. 500/-

(l) Library Bill Rs. 699/-

(m) Photostat Rs. 49/-

(n) Stationery (Refills only) Rs. 15/-

(o) Postage Rs. 51/-

(p) Quarterly payment for Lifts AMC (Jan to March 09) Rs. 58,750/-

(q) Lunch/Tea expenditure for Auditors Rs. 513/-

(r) Painting of Garages including HT & TT Rooms Rs. 18,000/-

(s) Painting of all the Lifts Rs. 4,000/-

(t) Labour charges for HT room, elect. sub-station, TT
room, telephone room including seepage for Flats 71/97
& Flats 113/120 (recoverable) Rs. 8,540/-

(u) Material purchased for repairs Rs. 640/-

(v ) Road Roller engaged to flatten the land strip.Rs. 1,000/-

(w) Two trolleys of fresh earth for land strip. Rs. 2,400/-

(x) Five Palms for Gate & Geru for painting pots. Rs. 550/-

(y) Electric Kettle purchased for office Rs. 595/-

(z) Cleaning Material Rs 1,074/-

(aa) Two taps & sink pipe for office Rs. 455/-

(bb) Rope for Tricolour Rs. 40/-

(cc) One LCC card replaced for intercom Rs. 5,100/-
------------------
Total Expenditure: Rs. 2,04,401/-
------------------
2. Amount Received :

(1) Maintenance (Including Recoveries) Rs. 1,55,600/-
(2) Water Charges Rs. 7,050/-
(3) Chand Case Rs. 82,000/-
(4) Ground Rent Rs. 48,429/-
(5) Proceeds of sale of condemned items
as recommended by Condemnation Board. Rs. 5,600/-
(6) Miscellaneous receipt Rs. 5,481/-
-----------------
Total Receipt : Rs. 3,04,160/-
------------------


3. Continuing with the Management's policy of striking a fine balance between development, maintenance, improvement and increasing our savings for a rainy day, Rupees two lakhs have been parked in a fixed deposit with the State Bank of Indore at an interest rate of 9.75 % p. a for a period of 364 days. With the latest FD, the Management has been able to put back the Rupees four lakhs that had to be withdrawn for Chand case by prematurely encashing two FDs of Rupees two lakhs each. The total amount in fixed deposits has been restored to Rupees twelve lakhs again.


4. Members desirous of checking details are welcome to the Society’s office and check the accounts on any day between 10 AM to 5 PM. The right of the Members to demand inspection of all Society’s accounts maintained by the MC will be respected at all cost.

5. Suggestions / recommendations to improve accounting procedures and introduce transparency are welcome and shall be taken in the right spirit.