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Meeting ID: 812 0319 1093
Passcode: Ne2q8y

Minutes of Meeting - 22nd September 2024

Date: Sunday, 22nd September 2024

Location: Sy No. 168, Bommavara Village, Devanahalli

Chairperson: K. Govardhana Gupta (President)

Secretary: B.K. Sreenivas

Directors Present: All directors were present.

1. Opening Prayer and Welcome:
The meeting began with a prayer and a warm welcome by the Secretary, B.K. Sreenivas.

2. Update on Land Conversion:
The President, K. Govardhana Gupta, informed the members that the land measuring 1 acre 10 guntas has successfully undergone conversion, and the work order for development has been received. Development work on the said land has been completed, and the team is awaiting the release order to proceed further.

3. STRR Plan Approval Process:
The President sought approval from the members to initiate the process for securing approval for the land, which has been applied for under the STRR (Satellite Town Ring Road) plan. The members unanimously agreed to proceed with the application process.

4. Document Presentation:
Member Vinod requested to review the documents registered under the society’s name. The President accepted this request and made arrangements to bring the documents to the meeting. The documents were presented, and the members, including Vinod, were satisfied with the clarifications.

5. Customer Refund Suggestion:
A suggestion was made by a member to refund the money to customers who have requested to withdraw their applications. The President acknowledged this suggestion, and the matter was taken under consideration for future action.

6. Price Increase Discussion:
A member inquired about the potential price increase following the approval. Director *Nagaraj* responded, stating that it is difficult to provide a definite answer at this stage. However, any changes in price will be discussed and communicated after the approval process is complete.

7. Financial Statements:
Director Seenappa presented the Statement of Accounts for the financial year 2023-24. Additionally, the projected accounts for 2024-25 were shared with the members.
All financial proposals were reviewed, accepted, and unanimously approved by the members.

8. Closing Remarks:
A. Ramanjinappa thanked all members for their attendance and participation. He concluded the meeting by inviting everyone for lunch and informed members that two buses would be available to escort them back to their destinations.

Adjournment:
The meeting was adjourned following lunch.


Recorded by: B.K. Sreenivas (Secretary)
Approved by: K. Govardhana Gupta (President)