Highlights of the month 
                                                           FY  2017 - 18

Managing Committee monthly meeting was held on 15. 07. 2017 at 5.00 p.m.
Number of members present: 12

Position of inflow of funds during previous month 01.06.2017 to 30.06.2017 and cumulative for the year as on 31.06.2018 are given below.

 

       For June 2017

   Cumulative till 31.06.2018

   Number Rs. Number Rs.
Patrons 1 1,000 1 2,000
Endowments :NEW 1 15,000 2 27,000
Endowment-Addition 14 1,06,500 26 2,18,000
Donations 1 1,500 2 3,02,500
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TOTAL 1,22,000 5,49,500

The minutes of the last meeting held on 17.06.2017 and also the names of Patrons and endowment donors with details as recorded in the minute book were read out, confirmed and signed by the Chairperson and the Secretary.

The Treasurer Shri Ramesh Bhandarkar informed that Rs.15 lakhs have been invested in short term Fixed Deposit maturing on 7th September 2017 with Corporation Bank and that there were no funds for investment as the scholarship disbursements shall be starting in September 2017.

The members after brief discussions decided that the Annual General Body Meeting of the League for F.Y. 2016-17 will be held on Sunday 24th September 2017 since that was the last Sunday of the month. The members then discussed in detail the preparations for completing the Annual Report by 15th August 2017.

S. No.

Annual Report Preparation / AGM

Date

1.

Annual  General  Meeting  to be Held

24.09.2017

2.

Annual Report Posting

31.08.2017

3.

Annual Report Printing

25.08.2017

4.

Annual Report Proof Reading

15.08.2017

5.

Documents to be Given for Printing

31.07.2017

Shri Suresh Naik pointed out that the League has made a commitment to the Prabhu Family Trust that we shall give them status report of the progress of the student beneficiaries. Shri Suresh Naik agreed to do the follow-up for which Shri Ganesh Shanbhag was requested to provide the particulars of the students to him.

It was pointed out that many persons are having the office keys of the League. It was decided that the keys should be given only to those who visit regularly for League’s work. This is a precautionary measure to avoid theft and/or pilferage, leading to unpleasant consequences. The committee authorised the Chairperson to decide this issue and the members who are having keys at present, were requested to return the same to Mrs Gita Pai, Chairperson.
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