Housing Society Redeveopment Letter
Housing Society Redeveopment Letter
Housing Society Redeveopment Letter
2.1 Introduction
The secretary of a co-operative society is an important offic bearer in the day-to-day working of
the society. So, he has many responsibilities. As the executive officer he has to look after accounts and
correspondence of the society very carefully. As a co-operative society is a commercial organization
its success depends upon its accounts writing and correspondence.
In modern era so many advanced means of communications like mobile, fax, internet, e-mail,
etc. are available but the importance of correspondence has not decreased. The co-operative society
can create a decent image and add to its goodwill with the help of correspondence. The secretary of
a society can create healthy relations with members, directors, office bearers, registrar, working staff
and with the commercial world. He has to keep contact with above for running the organizations
smoothly with the help of correspondence. The process of correspondence continues right from
promotion of the society till its existence. Considering all these facts it is necessary to get information
about the correspondence of the secretary of co-operative society.
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2.2.1 Meaning
There are various means of communications, correspondence is one of them. According to
Davis, ‘Transfer of information and thoughts from one person to another is called as communication’.
Communication in written form is known as correspondence. Correspondence is of three types
private correspondence, official correspondence and commercial correspondence. While conducting
correspondence the business relations are to be considered. It must be complete and in short.
(1) Heading
Name of the co-operative society
Address
E-mail Id. ……….
Telephone ………… (2) Date- …………
(3) Outward No. …………
(4) Inside Address. ………….
Name/ Designation ………….
Address- …………………………
(5) Subject …………
(6) Reference …………..
(7) Salutation
(8) Body of the letter
(A) Paragraph one (Introduction of Letter)
(B) Paragraph two (Contents of Letter)
(C Paragraph Three (Conclusion of Letter)
(9) Complimentary close
(10) Signature
(11) Enclosures
(12) Initials
(13) Carbon copy notation
1. Heading: The heading of business letter contains the name address of the person or other
organization or society that is sending out the letter. It is printed at the top center of the page
and it is in bold letter. The heading of business letter contains following things: the name of the
co-operative society, address of head office, logo, e-mail Id, phone number, etc.
2. Date: It is necessary to write date on each letter. Generally, the date is written below the address
on the right side. There are two methods of writing the date. According to British method it is
as ‘25th May 2019’. It is written also May 25, 2019 according to American method. But out
of these two methods, the British method is the most popular and mostly used in our country.
As the letter can act as reference and legal evidence in future so the date on letter has legal
importance.
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3. Outward number: It is necessary to give outward number while writing business letter. While
completing the letter and dispatching it should be registered in outward register. It is necessary
to have record of page in the outward register. Each letter is recorded in the outward register
and the number which is given to letter is called as outward number. It is written as L / 70 / 2019
(L- Loan, 70 - Serial no. of letter, 2019- Year)
4. Inside Address: It consists of the name and the address of the receiver of the letter. It is placed
along to the left-hand side. Address should be written e.g.
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2.3.1 Correspondence with members.
1. Letter of approval of Membership.
2. Letter of rejection of Membership.
3. Letter for transfer of shares.
4. Letter for sanction of loan.
5. Reminder letter for loan defaulter.
6. Notice and agenda of First general body meeting.
7. Notice and agenda of Annual general body meeting.
8. Dividend distribution letter.
9. Notice and agenda of Special general body meeting.
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2.3.1 Correspondence with members.
1. Letter of Approval of membership.
To,
Shri Tejas Vishnu Devare,
At Post Khadakewadi, Tal – Panhala,
Dist. Kolhapur – 416 507
Dear Sir,
With reference to your letter for the membership of our sugar factory, you are here by
informed that your application for membership has been approved in the meeting of the
Managing Committee held on 28th May, 2019. Hence, membership is granted to you from 28th
May, 2019.
After receiving the letter you have to purchase share amounting Rs. 5,000/- (Five
thousand only) within fifteen days and deposit it in the Central bank. Thereafter you will be
able to receive your share certificate.
Thanking You,
Yours faithfully,
sd/-
Shri. R. S. Patil
Secretary
On behalf of Board of Directors.
Encl. Cheque No. 15550
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2. Letter for rejection of Membership:
To,
Shri Sachin Govind Jadhav,
Shivaji Road, Ambegaon,
Pune - 410 509.
Subject – Letter of Rejection of membership
Reference – Your application of membership no. 101/20th April, 2019.
Dear Sir,
With reference to your application of the membership of our credit co-operative society
you are hereby informed that the meeting of the Managing committee was held on 2nd May,
2019. After Consideration of your application for membership has been rejected by the
Managing Committee.
As per the bye-laws of our co-operative society membership is granted only to the person
residing in the working area of Shri Ganesh Credit co-operative society. As you’re not resident
of the working area of our co-operative society hence we regret to inform your application for
membership is rejected.
We are refunding the amount of Rs. 500 (five hundred only) which you have paid for
membership through cheque No. 15550 drawn on Pune District Central Co-operative Bank
branch Tilak road, Khed.
Thanking you,
Yours faithfully,
sd/-
S. B. More
Secretary
On behalf of Board of Directors.
Encl. Cheque No. 15550
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3. Letter for transfer of shares:
To,
Mrs. Poonam Shashank Joshi,
Ramnagar,
Nandurbar – 425 409
Dear Madam,
Your letter dated 18th May, 2019 for transfer of shares was kept before the meeting of the
Board of Directors held on 10th July, 2019 for consideration. Accordingly, your application for
transfer of shares no. 4040 to 4046, total seven shares in the name of Smt. Poorva Prashant
Marathe has been approved. Hence, hereafter your membership of the society from 10th July,
2019 comes to an end and your share certificate no.510 has been cancelled. Please note that
your name has been cancelled from the register of members.
Thanking you,
Yours faithfully,
sd/-
Mrs. Sandhya Pravin Raut
Secretary
On behalf of Board of Directors.
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4. A letter of loan Sanction
To,
Shri Ravindra Mahadev Choudhary,
15, Karve Road,
Amravati – 444 601.
Dear Sir,
You are hereby informed that your application for loan has been sanctioned in the Board
of Directors meeting held on 25th June, 2019. A loan of Rs.1,00,000/- (One Lakh only) has been
sanctioned to you.
So, you are requested to contact the office of the society immediately for the further
needful action.
Thanking you,
Yours faithfully,
sd/-
Shri. H. S. Bhosale
Secretary.
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5. Reminder letter for a Loan defaulter
To,
Shri. Keshav Santosh Mane,
212, ‘Sai Niwas’, Main Road,
Beed - 431 122.
Subject – Reminder for repayment of loan
Dear Sir,
You have taken a housing loan of Rs.3,00,000/- (Three Lakh only) from our society dated
on 7 March 2015. It is observed that you have not paid the installment of loan for 3 months.
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You have to pay dues of the installments of the loan Rs.40,000/- (including interest). You were
supposed to pay this amount before 1st July 2019. Since you have not repaid the installments
you are hereby declared as a defaulter.
So, you have to pay the amount in the office of the society within fifteen days, from the
date of receiving this letter. Please note that if you will not pay the amount in due time, we will
have to take legal action against you and you will be held responsible for the same.
Thanking you,
Yours faithfully,
sd/-
Shri. S. D. Sawant
Secretary
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6. Notice and Agenda of First general body meeting:
This is to inform you that the first general meeting of Janata co-operative paper Mill
Limited will be held according to the Maharashtra State Co-operative Act,1960 on Monday 5th
December, 2019 at 2p.m. in the Sharda Auditorium, Jat. All the members are requested to be
present for the meeting.
Yours faithfully,
sd/-
Shri. Sagar R. Patankar
Chief Promoter
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7. Notice and Agenda of the Annual general body meeting:
This is to inform all the members, that 25th Annual general meeting of our bank will be
held on Tuesday 17th September, 2019 at 3p.m. in the Hall of co-operative society’s head office.
All the members are requested to be present in the meeting.
Agenda of the meeting
1. Reading the proceeding of the last year’s Annual general body meeting.
2. Approval to profit and loss account and balance – sheet for the year 2018 – 2019.
3. Approval to the budget for the financial year 2019 – 2020.
4. As per recommendations of the managing committee sanctioning and declaration of
dividend for the financial year ended 31st March, 2019.
5. Appointment of auditor for the financial year 2019 – 20.
6. Appointment of new directors in place of retiring one.
7. To discuss for investment of surplus fund with co-operative society.
8. Any other business with the permission of the chair.
Thanking you,
Yours faithfully,
sd/-
Shri. Ajay Rajaram Chavan
Secretary
On behalf of Board of Directors.
Notice
1. If the members are willing to ask questions about the report, profit and loss account,
balance sheet then they should send them in writing up to 11th September,2019 to the head
office.
2. In the absence of adequate quorum, the meeting will be adjourned and it will be held after
one hour on the same day and at the same place.
3. Members Identity card is compulsory for attending the meeting.
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8. Dividend distribution letter:
To,
Shri. Prakash Mahadev Naik,
214, Gajanan Nagar,
Aurangabad – 431 001
Subject – Dividend Distribution
Respected Sir,
We are happy to inform you that decision of 11% dividend for financial year 2018-19 on
share has been taken in the Annual general body meeting held on 17th September, 2019. As you
hold Thirty shares of our society, the distribution of dividend is as follows:
Amount of dividend - Rs.330/-
Less Income Tax - Nil
Payable net amount of dividend - Rs. 330/-
Enclosed here with dividend warrant of Rs. 330/-
Thanking you,
Yours faithfully,
sd/-
Shri. M. V. Mahajan
Secretary
On behalf of Board of Directors.
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9. Notice and agenda of Special general body meeting:
This is to inform all the members that Special general body meeting will be held on
Friday 19th July, 2019 at 11 a.m. in the Hall of the bank at the head office. So, all the members
are requested to attend the meeting.
Yours faithfully,
sd/-
Shri. D. R. Jagtap
Secretary
Notice
1. In the absence of adequate quorum, the meeting will be adjourned, after one hour the
meeting will be held on the same day at the same place.
2. Each member should bring their identity card for the meeting.
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2.3.2 Correspondence with Managing Committee / Board of Directors
1. Notice and Agenda of the meeting of managing committee.
To,
Shri. Nitesh Shivaji Patil,
44, Mahalakshminagar,
Nashik – 422 001.
Respected Sir,
Notice is hereby given that the meeting of managing committee of our bank will be held
on Monday 15th July, 2019 at 2p.m. at the Hall of society’s head office to transact the following
business. So, you are requested to be present at the meeting.
Yours faithfully,
sd/-
Shri. V. S. Sathe
Secretary.
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2. Reply letter to the request of a Director about changing the date of the meeting of Managing
Committee:
To,
Shri. Ashok Narayan Jadhav,
‘Saikunj’, Anandnagar,
Dhule – 422 001.
Respected Sir,
With reference to your letter dated 25th June, 2019 you have requested to change date of
the meeting of Managing Committee to 25th July, 2019 instead of 13th July, 2019.
I hereby inform you that after the discussion with Hon. Chairman it has been decided that
the date can’t be postponed. As in the meeting of 13th July, 2019 we are going to discuss about
expansion of cotton mill Hon. Chairman and two other directors have to go to Mumbai for an
important work of the mill from 20th July, 2019.
So, I request you on behalf of the Hon. Chairman to change your program and attend the
meeting.
Thanking you,
Yours faithfully,
sd/-
Shri. A. P. Gurav
Secretary.
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3. Letter to a Director reporting about the business transacted at the meeting in his absence.
To,
Shri. Ritivik Rajendra Bhosale,
Shree Samarth Nagar,
Jalgaon – 424 001.
Respected Sir,
The Board of Directors regular meeting of our society was held on Monday 30th July, 2019
at the head office of our society. You were absent for the meeting due to your personal reason.
In the meeting the general business matters were discussed and accordingly resolutions
were passed. As per the approval of the majority of directors the loan limit was increased from
Rs. 1,00,000/- to Rs. 1,50,000/-. The discussion also made regarding increase in the amount
of share capital. Some routine business matters were also discussed. For your information and
consideration, we are enclosing a copy of minutes of the meeting along with this letter.
Thanking you,
Yours faithfully,
sd/-
Shri. Bharat Pawar
Secretary.
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4. Notice to Directors for sub – committee meeting:
To,
Shri. Suresh Namdev Mane,
412, Ghodbunder Road,
Thane – 400 601.
Respected Sir,
This is to inform you that the Director’s loan sub – committee’s meeting is arranged on
17 September, 2019 at 11 a.m. at society’s office. The agenda of the meeting is enclosed along
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with this letter. You are hereby requested to attend the meeting.
Thanking You,
Yours faithfully,
sd/-
Shri. R. S. More
Secretary.
Enclosure – Agenda of Meeting.
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2.3.3 Correspondence with the Registrar
1. Letter for reserving the name for Proposed Co-operative Society:
To,
District Deputy Registrar,
Co-operative Society,
Main Administrative Building,
Pune – 411 030.
Respected Sir,
With reference to your letter dated 25th July 2019 letter No. P / J / 512 you have given
permission to open bank account to our proposed credit co-operative society. We have collected
the minimum required share capital within one month. We will fulfill the legal provision of the
registration as early as possible.
The promoters unanimously agree that the name of the proposed society as ‘Vidya Credit
co-operative society Ltd.’
We request you to reserve this name for our co-operative society.
Thanking you,
Yours faithfully,
sd/-
Smt. Shubdha Prasad Joshi
Chief Promoter.
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2. Request letter to the Registrar for registering the Co-operative Society:
To,
District Deputy Registrar,
Co-operative societies,
Central Building,
Jalana – 431 203.
Respected Sir,
With reference to above subject this is to inform you that our proposed co-operative
society has collected the minimum required amount of share capital and also fulfilled all the
requirements for registration of credit co-operative society. We have enclosed all the required
documents.
So kindly register our society and issue the certificate of registration.
Thanking you,
Yours faithfully,
sd/-
Smt. Uma S. Shinde
Chief Promoter.
Enclosure
1. Four copies of registration forms.
2. Four copies of bye – laws.
3. Four copies of list of members.
4. Certificate of bank balance.
5. Proceedings of primary meeting.
6. A copy of co-operative society’s plan.
7. No Objection Certificate.
8. Certificate of population.
9. Challan receipt.
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3. Letter to the Registrar for approval of alteration in bye – laws:
To,
District Deputy Registrar,
Co-operative societies, Sath Rasta,
Solapur – 413 001.
Subject – Alteration in bye – laws.
Respected Sir,
This is to inform you that the Special general body meeting of the society was held on
14 August, 2019. The members discussed about the alteration in bye – laws of the society in
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the meeting.
The meeting resolved by majority votes that the face value of the shares of our co-
operative society should be changed from Rs.10/- per share into Rs.100/- per share.
Along with this letter the four copies of minutes and the copy of special resolution is
enclosed, we have already paid the prescribed fees. We request you to approve the changes in
bye – laws of the society.
Thanking you,
Yours faithfully,
sd/-
Shri. S. R. Chavan
Secretary.
Enclosures:
1. Four copies of altered bye – laws.
2. Copy of special resolution.
3. Challan receipt.
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2.4 SUMMARY
2.5 EXERCISE
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