NOTICE
SPECIAL GENERAL MEETING
As per decision taken by the Board of Directors, a Special General Meeting (SGM) of the Happy Nook Co-operative Housing Society Ltd. will be held on 3rd October, 2010 (Sunday) at 4.30 P.M. at the Community Hall of the Society to discuss on the following Agenda Items.
For transacting the business as per the under noted Agenda, Members are requested to kindly attend the meeting.
Secretary
A G E N D A
01. Installation of New Water Supply Network in the Society (Annexure-A)
02. Repairs of External Surfaces of Residential Buildings & Other Places (Annexure-B)
03. Painting Works to External Surfaces of Residential Buildings & Other Places
(Annexure-C)
04. Audited Statement of Accounts for 2009-2010 (Annexure-D)
ANNEXURE-A
Installation of New Water Supply Network in the Society
The existing water supply network in our Society made up of GI pipe is in a very precarious condition. Due to corrosive action of soil and heavy sediment deposition inside the pipes, the GI pipe lines have lost its carrying capacity to a great extent. Frequent leakages are also occurring at many places and it is becoming increasingly difficult to maintain the water supply.
We are incurring huge extra cost towards larger pumping hours and there is always a possibility of serious health hazard through leakages in the pipes.
Recently, we have overhauled all the three distribution pumps (including standby pump) which though have increased the pumping capacity considerably, but the desired results are not forthcoming due to poor condition of the distribution network.
Considering the above facts, it was mentioned in the Secretary’s Report that a detailed work plan and cost estimate in this regard will be prepared and discussed in the Special General Meeting to be convened for this purpose to obtain the approval of the Members.
A comparative study has been made for the installation of new water supply network using PVC pipes (Ori-Plast make) or GI Pipes (Tata / Jindal medium) and enclosed as Attachment-1 to this Annexure.
The respective approximate costs including Supervision Charges (through appointment of a supervisor on purely temporary basis) are as follows:
PVC Pipes & Fittings Rs. 5,00,000.00
(Ori-Plast Make -80 Schedule)
GI Pipes & Fittings:
a) Tata Make (Medium) Rs.7,30,000.00
b) Jindal Make (Medium) Rs.6,40,000.00
In preparing the estimate, it has been considered that the existing GI pipe network will not be disturbed and kept in position. The new network will be laid independently which will keep the water supply uninterrupted during the execution period. The old pipe lines might also be useful during any exigencies in future.
From our past experience it is found that if GI pipes lines are opted for, it should be placed above the Ground Level to prevent corrosion. On the contrary, PVC pipe lines are to be laid underground as they are affected on direct exposure to sunlight. PVC pipe lines remaining underground for 7 years or more have been found to be remaining in a very good condition in our Society. Moreover, pipe lines remaining above ground are susceptible to damage due to various causes.
Considering all aspects, it is recommended that the PVC lines laid underground would be most appropriate and economical for our Society. These pipes would be laid through casing pipes underneath the roads to avoids road cuts during maintenance in future.
If agreed and approved, the following Resolution may be passed:
“Resolved that the New Water Supply Network may be installed in the Society through PVC pipe lines laid underground keeping the existing water supply network in position at an approximate cost of Rs.5,00,000.00 for which each member is liable to pay to the Society an amount of Rs.2860.00 which may be paid within 30th November,2010 and interest @ 2% per month would be payable for delayed payments.”
ANNEXURE-B
Repair of External Surfaces of Residential Buildings & Other Places
Spalling of concrete and plaster has taken place at many locations of the external surface of our residential blocks. Reinforcement steel has also been exposed at several places, and external wall plaster damaged by saltpetre action. At several locations swelling of concrete and plaster surfaces are also observed, which could fall and cause severe injury to our inhabitants. It has therefore become necessary to immediately remove all such loose concrete and plaster and repair and restore the surface to protect from further deterioration.
In the past repair to external surface of the buildings was done in the year 2003-2004. Initially work was awarded on contract inclusive of all materials and labour with payment on measurement basis for work done, but it could not continue as the nature of work being executed varied considerably. The agency who was awarded the work after having executed work of value Rs.42,273.00 at blocks 1 and 2 declined to work further and requested for upward revision of rates, when the contract was terminated. All works in the remaining 9 blocks were carried out departmentally, with materials and chemicals supplied by the Society and work executed by engaging daily labour working under our supervision. In the recent past also some external repair work has been done at blocks 4,5,6,8,10 and 11 under the guidance of our erstwhile board by engaging contract labour on daily basis with materials supplied by the Society.
The locations where external repair works are to be taken up in a building are so situated that measurement for any item of work to be executed cannot be easily determined for the purpose of preparation of a cost estimate on the basis of item rates. The quantity and nature of any item of work to be undertaken may also widely vary on opening up and cleaning the area to be repaired. For this reason the attempt to execute the repair work through an item rate contract against competitive bidding had failed earlier and execution work had to be taken up departmentally by supply of materials and chemicals by the Society and engaging labour on a daily rate basis.
Incidentally it has been given to understand that external repair work at our adjoining cooperative for “B” Type flats is also being done departmentally by supply of materials and chemicals by the Society and engaging labour on daily rate basis, and the expenditure on external repair on the basis of expenses incurred so far is about Rs.33,000.00 for each block of 16 flats in each block.
The external repair work carried out by us in 2003-2004 was at an expenditure of Rs.3,29,727.00 as per record. An amount of Rs.42,273.00 having been paid to the contractor, when the contract was terminated , and balance work for a value of Rs.2,87,754.00 executed departmentally by supply of materials and chemicals by the Society and engaging labour on daily rate basis. The cost impact per each block for carrying out the external repair work in 2003-04 was Rs.29,975.00. There has been a considerable escalation in prices of both materials and labour since 2003-04. The
wholesale Price Index published by RBI was 112.6 in 2004 and in March 2010 it has been provisionally indicated as 218.1.
Besides, overhead tank repair works were carried out in 2005-2006 at a cost of Rs.71,996.00
Considering all these factors and considering the expenses incurred in external repairs of B Type flats which are smaller then our A type flats and having lesser external surface area, the expenditure likely to incurred for each block may be considered as Rs.50,000.00 on an average.
Based on above, total cost for 11 blocks = Rs. 5,50,000.00
Add for Repair of Boundary wall, Community Hall,
Supervision Charges for 2 months @ Rs.8000.00 p.m. Rs. 16,000.00
 |
Total = Rs.6,16,000.00
 |
Therefore, cost per flat works out to Rs.6,16,000.00 / 175 = Rs. 3,520.00
If agreed, the following Resolution may be passed:
“Resolved that Repairs of External Surfaces of Residential Buildings & other places be carried out at an approximate cost of Rs. 6,16,000.00 for which each member will pay Rs. 3,520.00 within 28th February, 2011 failing which interest @ 2% per month would be payable for delayed payments.”
Annexure-C
Painting Works to External Surfaces of Residential
Buildings & Other Places
After thorough repair works are carried out, Painting works are desirable to be taken up immediately thereafter from the aesthetic point of view and this would be economical also in the long run.
Quotations were obtained from five leading Paint Manufactures for painting works of the exterior surfaces and interior common areas of buildings and the cost summary is given below for the various options of these Brands:
Cost Summary
01. Berger Paints: Option –I Weather Coat All Guard - Rs. 12,12,869.00
(7 years life)
Option –II Weather Coat 100% Acrylic - Rs. 10,34,119.00
( 5 years life)
02. Snowcem Paints : Option –I Snowcryl XT - Rs.11,37,229.00
Option –II Trump - Rs. 9,59,092.00
Option III Allrounder - Rs. 8,79,092.00
03. ICI Dulux Brand Paints: Option -I Weather Shield Sun Reflect - Rs. 14,34,044.00
( 5 years life)
Option –II Weather Shield Ultra Clean - Rs. 15,90,844.00
( 7 years life)
Option – III Weather Shield Max - Rs. 17,79,794.00
( 7 years life)
04. Asian Paints: Option –I Apex Ultima ( 7 years life) - Rs. 13,22,750.00
Option –II Apex ( 5 years life) - Rs. 11,35,750.00
Option –III Ace (no guarantee) - Rs. 9,48,750.00
05. Shalimar Paints Ltd: Option –I Xtra Maxima - Rs. 14,61,125.00
Option-II Xtra Premium - Rs. 12,63,125.00
Option-III Shaktiman - Rs. 11,42,125.00
N.B: i) Snowcem Paints have not indicated any cost for providing oil paint to staircase
walls and painting of steel gates, as such cost indicated by Berger Paints for these
items has been added to arrive at total cost , since cost for these items indicated
by ICI Dulux Brand Paints is higher.
ii) Areas to be covered indicated in offer of Berger Paints differ from that considered
by other brand paints ,as such area and cost have been modified on pro- rata basis
to enable comparison of cost with other offers.
iii) It has been confirmed by all the paint manufacturers that since on last occasion
exterior painting works were carried out with Semi-Acrylic Paints, application of
cement based paints on such surfaces will not be effective.
Besides, painting works and white washing are required at Boundary Wall (Inside face), Parapet Wall (Inside), Stair Case Room Wall (Outside), Overhead Water Tank, Community Hall, Pump House, Security room etc and the total cost will be approximately Rs.2,40,000.00 as below:
Cement based paint
Parapet Wall (inside), Stair Case Room
Wall (outside), Overhead Water Tank 3,221.76 Sq.m.
Boundary wall 1280.00 Sq.m.
Community Hall (outside) 130.50 sq.m.
Pump Room (outside) 36.33 sq.m.
Security Seating & Rest Room 74.73 sq.m.
4743.32 sq.m.4743.32 x @ Rs. 44.33 per sq.m. = Rs. 2,10,271.00
Say Rs.2,10,000.00
Enamel Paint (Synthetic)
Community Hall 306.34 sq.m.
Pump Room 45.93 sq.m.
Security Seating & Rest Room 8.59 sq.m.
Office 334.30 sq.m.
|
695.16 sq.m.
695.16 sq.m. x @ Rs.40.86 per sq.m. = Rs.28,404.23
Say Rs. 28,450.00
Whitewash
Community Hall (Inside) 162.90 sq.m.
Office (inside) 113.69 sq.m.
 |
276.59 sq.m.
276.59 sq.m. x @ Rs.3.00 per sq.m. = Rs. 829.77
Say Rs.850.00
Total = Rs.2,39,300.00
Say Rs.2,40,000.00
Note: The rates are based on Lowest Quoted Rates.
Short listing 03 (Three) Leading Paint Brands offering 07 (Seven) years warranty, grand total of the cost-summary will be as follows:
01. Berger Paints : Rs. 12,12,869.00
Other works Rs. 2,40,000.00
Rs. 14,52,869.00
Add : 5% escalation (+) Rs. 72,643.00
|
Rs. 15,25,512.00
Add: Supervision Charges (+) Rs. 16,000.00
Grand Total Rs. 15,41,512.00
Say Rs.15,40,000.00
Cost / Member would be Rs.15,40,000.00/ 175 Rs. 8,800.00
02. ICI Dulux Brand Paint : Rs. 15,90,844.00
Other works Rs. 2,40,000.00
Rs. 18,30,844.00
Add : 5% escalation (+) Rs. 91,542.00
|
Rs. 19,22,386.00
Add: Supervision Charges (+) Rs. 16,000.00
Grand Total Rs. 19,38,386.00
Say Rs.19,38,000.00
Cost / Member would be Rs.19,38,000.00/ 175 Rs. 11,074.00
03. Asian Paints : Rs. 13,22,750.00
Other works Rs. 2,40,000.00
Rs. 15,62,750.00
Add: 5% escalation (+) Rs. 78,138.00
|
Rs. 16,40,888.00
Add: Supervision Charges (+) Rs. 16,000.00
Grand Total Rs. 16,56,888.00
Say Rs.16,56,000.00
Cost / Member would be Rs.16,56,000.00/ 175 Rs. 9,463.00
Note: Since the works will be executed a few months later, 5% escalation cost has been
further considered. Supervision Charges for 2 months @ Rs.8,000.00 p.m. has
also been considered.
Depending on the paint brand to be finally decided by the members, the following Resolution after deleting the other two options may be passed:
“Resolved that the Painting Works to External Surfaces of Residential Buildings and Other Places be carried out at an approximate cost Rs.15,40,000.00 ( Berger Paints / Rs.19,38,000.00 (ICI Dulux Brand Paints) / Rs.16,56,000.00 (Asian Paints) for which each member will pay Rs.8,800.00 (Berger Paints) / Rs. 11,074.00 (ICI Dulux Brand Paints) / Rs.9,463.00 (Asian Paints) either one time within 30th April, 2011 or in two instalments of Rs.5,000.00 & Rs.3,800.00 (Berger Paints) / Rs.6,500.00 & Rs.4,5 74.00 (ICI Dulux Brand Paints) / Rs.5,000.00 & 4,463.00 (Asian Paints) within 30th April, 2011 and 30th June,2011 respectively failing which interest @ 2 % per month would be payable for delayed payments.”
ANNEXURE-D
AUDITED STATEMENT OF ACCOUNTS & AUDIT REPORT OF THE HAPPY NOOK CO-OPERATIVE HOUSING SOCIETY LTD FOR THE YEAR 2009-10
INTRODUCTORY STATEMENT
01. Name of the Society : Happy Nook Co-operative Housing Society Ltd
02. Address of the Society : E.C.T.P, Phase-IV, Type-A, Kolkata-700 107
03. Registration No. & date : 12 / CMAH of 1995 dated 16.11.1995
04. Status of the Society : Primary Housing Society
05. Total No.of Member as on 31.03.2010 : 175 (one hundred seventy five)
06. Existing no.of Flats : 176 (one hundred seventy six)
07. Total no.of flats allotted : 175 (one hundred seventy five)
08. Total no.of flats transferred during the year : 01 (One)
09. Total no.of flats proposed to be transferred : Nil
10. Date of last Annual General Meeting : 21.02.2010
11. Date of SGM : a) 11.10.2009 b) 13.12.2009
12. No.of Board of Directors Meeting as on 31.03.2010 : 13 (Thirteen)
13. Paid up Share Capital : Rs.35,000.00
14. Audit Fee outstanding : Rs. 3,500.00
15. Expenditure over Income : Rs. 1,42,529.06
16. Name of the Present Board of Directors:
Name Designation Elected on
i) Mr.Benudhar Munshi -Chairman- 13.12.2009 (SGM)
ii) Dr.Apurba Nandy -Vice Chairman- -do-
iii) Dr.R.K.Dutta -Panel of Chairman- -do-
iv) Mr.Shikha Bhadra -Panel of Chairman- -do-
v) Mr.Biswatosh Sarkar -Secretary- -do-
vi) Mrs.Uma Banerjee -Treasurer- -do-
vii) Mrs.Jharna Ganguly -Director- -do-
viii) Mrs.Mita Banerjee -Director- -do-
ix) Mr.Debashsis Das -Director- -do-
x) Mr.Siddhartha Roychowdhury -Director- -do-
17. Name of the last Audit Officer : Mr.Tapan Chakraborty, Senior Auditor,
Gr-II, 24 Parganas (S), Alipore
18. Name of the last Audit Officer : Mrs. S.Pal, Auditor of Co-operative Societies,
H.Q, 24 Parganas(S), Alipore
19. Place & date of Audit : Locally on 22nd July, 2010
Benudhar Munshi Biswatosh Sarkar Uma Banerjee Audit Officer
Chairman Secretary Treasurer
Statutory Audit Report of Happy Nook Co-operative
Housing Society Ltd for the year 2009-2010
Being authorised by the Director of Co-operative Audit, West Bengal vide his Order No.953 / 1(2) DA dated 29.04.2010 and terms of Section 90 (1) of the West Bengal Co-operative Societies Act,1983 and amended act,1988, I have conducted and completed the Statutory Audit of the above named Society for the year 2009-10 with reference to the books and records, statement of accounts and the other documents so available at the time of audit and made the following observations and suggestions in addition to my separate report at the foot of the Balance Sheet as at 31st March, 2010.
Before taking up the Statutory Audit of the Society for the above noted period, Notice was issued to the members and non-members through the Secretary of the Society to verify the individual debit / credit balance as the case may be on 31.03.2010. But none turned up in respect of any discrepancy from any side about individual balance as appeared in the books of accounts and the statement of accounts as on 31.03.2010. Hence, the accounts as submitted by the Society has been taken as final for audit.
Prelude: This is a primary Co-operative Housing Society registered in this year 1995 bearing Registration No.12 / CMAH of 1995 dated 16.12.1995 under the name and style of Happy Nook Co-operative Housing Society Ltd with limited liabilities under the administrative control of Deputy Registrar of Co-operative Societies, Kolkata Metropolitan Area Housing with a view to attain the main objects to establish on co-operative basis settlement of housing accommodation and civic facilities for members and ultimately to develop self sufficiency as far as practicable.
Management & Meeting: The Society is vested upon a Board consisted of 10 (ten) Members, elected in the Special General Meeting held on 13.12.2009, whose names are appeared in the Introductory Statement which is one of the part of report. Last Annual General Meeting of the Society was held on 21.02.2010.
The Annual General Meeting should be held as laid down on West Bengal Co-operative Societies Act & Rules. Annual General Meeting held prior to last Annual General Meeting on 22.02.2009. 13 (Thirteen) Board of Directors Meeting were held during the period of audit and 2 (Two) Special General Meeting. 1st Special Genera Meeting was held regarding installation of lift. Election was held in 2nd Special General Meeting and a new Board has been formed there.
Members: Total number of members of this Society is 175 (one hundred seventy five) as on date. It appears that the West Bengal Housing Board constructed the housing complex at Kasba Area under E.C.T.P, Phase-IV, Scheme consisting of total 176 developing units (flat) therein and distributed 175 flats amongst the allottees. Such allottees necessarily have to become the member of the Society.
Bye-Laws & Registration Certificate: Examined the original copy of Bye-Laws and Registration Certificate and the same have been kept properly.
Share Capital: The authorised Share Capital of the Society is Rs.2, 00,000.00 and Paid up Share Capital is Rs.35, 000.00 which agrees with the detailed list certified by the Management.
Members Deposits Rs.43,75,000.00: Last year balance under this head was Rs.43,75,000.00 .The balance is unchanged as on 31.03.2010. Detailed list in this respect has been furnished by the Society which is agreed with the accounts.
Transfer of flats: During the year under audit 1 (One) number of flat / membership was transferred for flat no.A-07 / 03. It appears that the members has let out 18 (Eighteen) nos. of flats and the Society has kept a Register in this respect. In this connection prior permission to be obtained from the competent authority in addition to the consent of the Society in terms of Rules 142 of the West Bengal Co-operative Societies Rules,1987.
Position of the Society: During the year of audit the Society has earned excess expenditure over income to the tune of Rs.1,42,529.00 that has been transferred to the Balance Sheet. Accordingly the total balance under this head has arrived at Rs.1,24,667.76 as on 31.03.2010. This year the society incurred huge expenditure over income whereas there was income over expenditure in the last year. The Management should pay attention in this matter and should placed realistic budget (especially maintenance charges should be properly calculated) in AGM so, that expenses could be covered at the end of the year.
Audit Fee: Audit Fee has been assessed under Clause (b) sub-rule (3) of the Rule 157 of the WBCS Rules, 1987. Accordingly total due of Rs.3, 500.00 against audit fee as on 31.03.2010. Previous outstanding has been paid during this year. As it is Govt. dues as per WBCS Acts and Rules this should be remitted to the appropriate authority in the prescribed manner under head “0425-00-101-001-16” in terms of Rule 160 of the WBCS Rule,1987.
Cash in hand Rs.1,055.50: Cash balance of Rs.1,055.50 presented the Closing Cash balance or Cash in hand as on 31.03.2010. That balance has been confirmed by the certificate given by the Management. During the course of audit physically verified the closing cash balance as per Cash Book as on 13.07.2010 of Rs.8,064.00 (Rupees eight thousand sixty four only) and found in order.
Cash at Bank Rs.51,065.47: The bank balances of the Society as on 31.03.2010 with the Indian Overseas Bank, Kasba Gold Park Branch was verified with Bank Pass Book and found a difference which was reconciled with Bank Reconciliation Statement.
Investment Rs.56, 00,000.00: The Society has invested as Fixed Deposit
Rs.56, 00,000.00 with Indian Overseas Bank, Kasba Gold Park Branch, Kolkata-107 (with fresh investment Rs.3,00,000.00) during 2000-2010 were physically verified (Except two) and list of investment enclosed with the Balance Sheet for records. Two Fixed Deposit certificate have been withdrawn & reinvested on 12.06.2010 for availing better interest rate during 2009-2010. In case of re-invest, photocopy of previous certificate should be preserved.
Further advance has been made under CRES Scheme at CESC Ltd. This is adjustable with the bills of CESC Ltd of subsequent period. This balance also generates interest
@ 9.5% and thus should be considered as investment.
Again it must be noted here that during the year Society has earned Rs.3,90,797.00 as interest on Fixed Deposit and Rs.1,30,949.00 (List attached) calculated as Accrued interest and interest of Rs.80,014.36 has earned during this year against advance under CRES and receivable amount was Rs.6,081.08. Interest on FD should be checked and verified by the Society.
Fixed Assets: Detailed list in this respect has been furnished by the Society along with value of depreciation and value of assets as at 31.03.2010 which agrees with the Balance Sheet. Total value of Fixed Assets after depreciation was shown in Schedule-5.Society’s liabilities for expenses were Rs.53,987.00 under Schedule-3 and other liabilities were
Rs.1,57,871.00 under schedule-4.
Statutory Fund like Reserve Fund of Rs.29, 406.00 and Bad Debt Fund of
Rs.30, 557.50 are unchanged as on 31.03.2010 which are not invested outside the business. During the year under audit a sum of Rs.50.00 was received as Admission Fee and shown separately in Balance Sheet and stood at Rs.1,300.00 as on 31.03.2010.
Staff: There are 06 (six) permanent staff in the Society. Names, Remunerations & Designations of them are noted below:
i) Sri Joydev Giri Caretaker Rs.6,000.00
ii) Sri Ashok Kumar Roy Pump man Rs.3,200.00
iii) Sri Anukul Biswas Electrician Rs.3,350.00
iv) Sri Raghunath Patra Gardener Rs. 2,300.00
v) Sri Arjun Mahato Sweeper Rs. 2,450.00
vi) Sri Jhantu Sardar Sweeper Rs.2,300.00
Maintenance Charges Receivable:
Year Actual Collection Receivable
2007-08 850.00 1,950.00
2008-09 5,700.00 4,200.00
2009-10 1,97,000.00 21,750.00
As on 31.03.2010, the Maintenance Charges Receivable Rs.1,950.00 for 07-08 and Rs.4,200.00 for 2008-90. The Maintenance Charges receivable for the year 2009-10 stood at Rs.21,750.00. However, the penal interest @ 2% on dues of Maintenance Charges was not account for. As well as the outstanding of car parking charges / service charges from letting out of flats was not also shown in account of this year i.e. car parking charges and service charges for letting out of flats and penal interest (late fee @ 2%) on Maintenance Charges dues are accounted on cash receipt basis.
General / Suggestion:
a) Membership Register of a Society is fundamental evidence of membership and it needs to maintain in accordance as per Rule 121 of the WBCS Rules 1987.This Society is maintaining the same properly, but in a few cases signature of member are not found in the Membership Register and this should be regularised by obtaining signature of them. In Membership Register name of nominee should be filled up properly i.e. in terms of Section 79 of the WBCS Act 1983 read with
Rule 127(1) of the WBCS Rules 1987.Each member will nominate one person of
his / her family, who has no family as per explanation of 18(2) of WBCS Act,
1983 may nominate one person as per provision of WBCS Rules 1987.This
should be treated with due importance. Finally the Register is torn in some places
–management should pay attention in this matter.
b) There is no change of Bye-Laws of the Society during the period of audit.
c) All Statutory Agenda to be transacted in the Annual General Meeting as provided in Section 25(1) of the WBCS Act, 1983 and Section 29 of the WBCS Act, 1983 to be followed in case of election of Office Bearers.
d) No report of inspection was received by the Society during the year under audit.
e) Cash Book of the Society was written up to date at the time of completion of audit.
f) Sound Investment position of the Society indicates efficient Management.
g) All Members should be take active part equally in the day to day affairs of the Society.
h) If any there is dispute among the members, the local people and other authorities it should be dealt with such a manner that involves less expenditure and good relations among the members so, that spirit of cooperative movement can be sustained. Finally, all members should take active part in the day to day affairs of the Society.
i) Inventory of Bitumen (LBS) of Rs.9,630.00 has been sold this year at Rs.4,500.00 i.e., the society incurred loss of Rs.5,130.00. Management should try to avoid this type of wastage in future.
j) A court case has been filled bearing no.W.P.No.3458(w)/2010-Sri Subrata Ray & other twelve members Vs. State of W.B.& others regarding installation of lift. In special General Meeting dated 11.10.2009 a decision in favour of installation of lift has been taken. Whereas this decision has been reversed in subsequent AGM dated 21.02.2010.
k) Suggestions in fore going paragraphs should be complied & a compliance report as per Acts & Rules should be submitted.
In conclusion, I convey my thanks to the Chairman, Secretary, Treasurer, other members of the Management and Staff of the Society for extending their cooperation in the matter of completion of this audit.
Date: 22.07.2010 ( Srabani Pal )
Audit Officer
Auditor of Co-op.Societies,
24 Parganas(S), H.Q. Alipore
