Friday, 5 August 2016

Maitri Park Chembur Misappropriation/Misapplication of the funds of the society


Ranjit Singh Saini
A-30 1 1, Maitri Park Society, S. T. Road, Chembur- 400071
VERY IMPORTANT NOTICE

To,

The Hon. Chairman/ Secretary & Managing Committee,
Maitri Park Co-operative Society,
132/135, S. T. Road,
Chembur, Mumbai - 400 071

 
Date: 29/07/2016

 
Subject: Reply to Your Letter dated 26/07/2016 and MR. I M Saxena's letter dated 25/07/2016 as for Arranging Meeting on 07/08/2016 at 6 P.M. at Tower A & B quadrangle.

Ref; 1) Mr. I. M. Saxena's Letter dated 25/07/2016.

2) Letter given by Dy. Registrar dated 26/07/2016 related to Redevelopment Project (Dy /Mward/MP /940/2016 Navjyot Singh Saini and 27 Other Members of Maitri Park CHSL)

 
Dear Sir.

 
With reference to above subject, your letter contents are not accepted by me and the members of the society it's totally false and baseless. For reason best known to you and committee. You have to still reply to the Deputy Registrar with all Explanations, Complaints and Queries raised by us within 8 days from date of receipt of letter dated 26/07/2016 by Dy. Registrar (Dy/M-ward/MP /940/2016 addressed to Mr. Navjyot Singh Saini on behalf of 27 Members to the Complaint)

Agenda for meeting to be held with the managin& committee with society

members on 07/08/2016 at 6 P.M. at Tower A & B quadrangle between the car parking in response to the letter dated 25/07/2016 for confirmation on
07/08/2016 Meetine Scheduled.
Please Note: No Response from Chairman and Manaeine Committee
Redevelopment Occupation Certificate Not Available as on date.
Members to discuss with managing committee following points on 07/08/2016 to consider the following agenda:

• Progress of date of availability of Occupation Certificate for members.;
to shift from occupying
furniture possession to official residing occupancy as per BMC objections as
per general body meeting dated 28/09/2015 for obtaining occupancy certificate of Tower A & 8 on or before15/10/2014 and thereafter legal action to be initiated against Hiranandani Cons. Including necessary action for terminating development agreement dated 08/05/2006.

 
• Isolating Committee member Mr. Anil Kapoor and Mr. Laxman Gubaxani from management meeting and debarring them from taking decisions and not recording their objections in various meetings during the financial years 2013-2014, 2014-2015 and 2015-2016 as checked and verified in the various records of minutes of meeting and resolutions from time

to time which is absenting.

Sinking Fund Misuse

~ Misappropriation/Misapplication of the funds of the society

Without taking approval of society members of building and flats. No estimation and budgets have been provided neither approved from the society members and the deductions have  been made directly from accounts without finalizing the amount and have directly remitted

to their accounts and credited to the contractors who have executed the contracts for the various buildings and flats by the Managing Committee.

~ Road Repair (Contract worth Rs. 3.25.000 approximate)

Without knowledge of general body no approval has been taken and no resolution has been passed for granting of funds for any of the above utilizations of funds.

The road repair contracts during the tenure of Mr. Bhagwan Thadani as secretary from 05/05/2013, he along with his committee members has totally misused the funds of the society as the society treasury seems to be belonging to the committee members ,has totally misused and diluted the funds and emptied out the members funds deposit by the members

for the last 40 to 45 years and THEIR HARD EARNED MONEY HAS BEEN WASHED OUT.

~ Tree Cutting~ of society surrounding~

Without the approval the seven committee members in place of nine had contracted tree cutting for an amount of Rs.2,30,000 approximate which as per my knowledge should not exceed more than above Rs. 80,000 +- 10 % over and above. The contract amount has exceeded the normal expenses for the said work.

~ The sinking~ fund and other repair & Maintenance Funds has been totally misused the part amount is been siphon by the committee for the reasons best known to them.

• Investment of funds without prior permission of general body meeting held on November 2011 resolution passed for transferring of funds form Punjab & Maharashtra Co-Op Bank to any other Bank due to security risk on maturity as this leads to breaking of general rules of ~ '

the general body meeting, approximate Rs. 4, 44, 49,062(Rupees Four Crores Forty Four Lakhs Forty Nine Thousands and Sixty Two Only) as per letter dated 08/07/2016 to

District Dy. Registrar Mr. S. M Patil. ..

Non-supply of copies of record of society

Non-providing of balance sheets, Income & Expenditure Accounts along with Relevant Schedules and notes of 2013-2014, 2014-2015 and 2015-2016 as per letter dated

26/.05/2016. Not provided till today ~l,

Non-acceptance of cheques and any other correspondence by committee.

1) Cheque No. 392435dated 23/07/2016 for Rs. 1600/- of Mr. Ranjit Singh Saini for Issue of Share Certificate & allotment letters for B-1 to B-5letter dated 26/07/2016 not provided till today.

2) Cheque No. 392432 dated 14/07/2016 for Rs. 5000/- of Mr. Ranjit Singh Saini for issue of relevant correspondence and documents as per letter dated 21/06/2016 addressed to Dy.

Registrar of Co-Operative Soc., M-Ward for further action due to non-providing of documents and correspondence.

Non preparation of annual accounts I reports within the prescribed period

Financial Year 2015-2016 audit report and Income & Expenditure Accounts not provided till

today. ---::--:
(&we the members have called upon you for conducting meeting on 07/08/2016 for which you

have not replied and we have taken it to granted that I and we the members have arranged meeting on 07/08/2016 at 6 P.M. venue shall be quadrangle of Tower A & B between parking area.

You are requested to kindly make arrangements for 100 chairs and sound system with 12FT I 10FT stage with lighting for meeting. If any charges are to be served or deserved on the members of the society the same can be debited to the account of the society members maintenance charges to individual members. Since this meeting is more crucial for the development and on non occupation of occupancy certificate for long drawn decade of Redevelopment of Maitri Park Co-Op. Hsg. Society.

 
Your timely action and immediate response shall be awaited and waiting for managing committee
Mr. Nayak- Chairman, MR. B. C. Thadani-Secretary and Mr. Suresh Arora-Treasurer and other
committee members to be present at the meeting to be held by the society members as called for on letter dated 25/07/2016 by 40 society members signatures to the letter.

Please take note and attend meeting on 7th August, 2016, Sunday 6P.M. as scheduled by the Society

Members.

Thanking You,

<..

Ranjit Singh Saini (A/30/1, Maitri Park CHS Ltd)

Coordinator

"' Senior Citizen

For and Behalf of Members of Maitri Park Soc.

CC: Dy. Registrar. Konkan Bhavan. M-Ward. for investigation.

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