Recovery of Debts from Members of Co-op Society
Recovery of Debts from Members of Co-op Society: There are several societies and Resident Welfare Associations facing problems of recovery of dues from its members. The Disputes Settlement Trust gives free advice to all the members through this web-site for adopting a systematic procedure to recover the dues as well as keep maintaining a good relations with the members by the management of the society or the management of the residents welfare association.
ALL YOU HAVE TO DO IS: Take one time approval from your general meeting to appoint the Disputes Settlement Trust in the form of resolution as follows.
“Resolved that disputes if any shall be resolved by the Disputes Settlement Trust (Regd.No.2959)”
It shall be better to inform all the members of the Society or RWA about this resolution. The Trust will carry out entire process of recovery of dues legally without any cost to the Society or RWA. The cost will have to be recovered from the defaulting member only.
MAJOR BENEFIT TO MEMBERS:
(A) Honestly paying member will not be burdened of expense on recovery of dues from defaulting members.
(B) No dis-crimination shall be made among members as all decision and work is carried out by independent legal body (Trust).
IN CASE OF ANY QUERY OR YOUR REQUIRE ASSISTANCE, LEAVE A REPLY BELOW