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    Amarjeet Kumar
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    The Board of Directors had formed a sub-committee to monitor the progress of realizing debts that were over 180 days outstanding as of March 31, 2011. This letter from the Managing Director and President of Finance and Accounts asks Arijit Choudhary to focus on collecting three outstanding debts totaling Rs. 1,750,762 from projects in Agra and Andhra Pradesh. They request bi-weekly updates on collection progress and offer assistance to resolve any issues.

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    The Board of Directors had formed a sub-committee to monitor the progress of realizing debts that were over 180 days outstanding as of March 31, 2011. This letter from the Managing Director and President of Finance and Accounts asks Arijit Choudhary to focus on collecting three outstanding debts totaling Rs. 1,750,762 from projects in Agra and Andhra Pradesh. They request bi-weekly updates on collection progress and offer assistance to resolve any issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    42 views1 page

    Debtor Letter

    Uploaded by

    Amarjeet Kumar
    The Board of Directors had formed a sub-committee to monitor the progress of realizing debts that were over 180 days outstanding as of March 31, 2011. This letter from the Managing Director and President of Finance and Accounts asks Arijit Choudhary to focus on collecting three outstanding debts totaling Rs. 1,750,762 from projects in Agra and Andhra Pradesh. They request bi-weekly updates on collection progress and offer assistance to resolve any issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    1st August, 2011

    Mr. Arijit Choudhary Transportation Division Feedback Infrastructure Services Pvt. Limited Sub: Realization of Debtors > 180days as on 31st March,2011 Dear Arijit, While approving the financial statements for the year 2010-2011, the Board of Directors had taken a serious view of the debtors >180 days outstanding to be realized as on that particular date. Accordingly, a sub-Committee of the Board had been constituted to monitor the progress on realization of these debtors. The following Debtors, as per the table below, are under your direct responsibility for realization: Name of the Party Project Name Agra Development Authority CDP- Agra Agra Development Authority CDP- Agra Andhra Pradesh Road Development APRDC Corporation Amount Rs. 1,555,975/Rs. 96,866/Rs. 97,921/-

    We would urge you to follow up for the realization of these debts at the earliest. We would appreciate if you could keep both the undersigned updated on the progress of the realization of these debts on a fortnightly basis till the amount is realized . Kindly do feel free to get in touch with us in case you would require any assistance in this process.

    Parvesh Minocha Managing Director

    Pankaj Sachdeva President F & A

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