Sub: Formation of Society

May 08, 2010
Sky Flama Residents Association

Dosti Flamingos

Tokersi Jivraj Marg, Sewree

Mumbai – 400 015

Dear Sirs,
Sub: Formation of Society
With reference to the above, we would like to state as under:

1. 
   The Asst. Registrar of Societies, vide his letter dated November 12, 2009, advised us to open the bank account in the name of Sky Flama (Dosti Flamingos) Co-op. Soc. Ltd. (Proposed) within 3 months from receipt of his letter.
   

2. 
   There is a delay in the opening of the said bank account within the original timeline. However we would like to inform you that the Registrar of the Societies vide his letter dated April 13, 2010 has extended the date upto May 12, 2010 for opening the said bank account.
   

3. 
   In relation to the above and completion of the rest of the formalities for the formation of society, we had met with the Management Committee of the Sky Flama Residents Association on May 7, 2010, 7 30 pm at Club House, Dosti Flamingos.
   

4. 
   As discussed in the meeting, we would like to reiterate that it is the responsibility of the Dosti Corporation to form the society and we will be proud to deliver on the same. We would like to reassure the residents of the Sky Flama that Dosti Corporation will work towards the formation of the Sky Flama society in an expeditious and time bound manner.
   

5. 
   Dosti Corporation undertakes to complete the following activities required for the formation of the Sky Flama society within the time lines mentioned here in below:
   

S. No	Activity	Time line
1.	Opening of bank account in the name of Sky Flama (Dosti Flamingos) Co-op. Soc. Ltd, with support from 2 residents identified as promoters	May 12, 2010
2.	65% of the Residents signing the required forms and providing the following pages of their respective agreements - 1,41,& 42 (Signature paper) and Registration Receipt (marathi) (four pages). Management Committee will work closely with Dosti Corporation in completing the above task.	May 31, 2010
3.	Filing of all the required documents by Dosti Corporation in relation to the society formation to the Registrar	June 8, 2010
4.	Completion of the Registration of the proposed society	June 30, 2010
5.	Calling of AGM of members of the society and adopting resolutions	Within the statutory timelines stipulated by the Registrar

Needless to say that we need the support of the residents for successful completion of the society formation on the above lines.

6. 
   We would like to highlight here that the bank account of Dosti Flamingos Snow Flama (Dosti Flamingos) Co-op. Housing Society Ltd. (Proposed) has already been opened and we have filed the required documents with the Registrar on May 4, 2010 (well ahead of the originally envisaged time line of May 31, 2010) and we are expecting the registration of the Snow Flama Society to be completed by end of May 2010.
   

Thanking you and looking forward for your co-operation.

Yours faithfully,

For Dosti Corporation,

(Rajesh Shah)

Partner