Wednesday, April 04, 2012

Logical End

Monthi Serrao can get some sleep today. She was made treasurer of the Club on March 17 (see post) and since then, she has been caught in a maddening whirl of number crunching, banking formalities, keeping count of cash collections, ensuring documentation is done, and so on. The exercise has finally reached its logical conclusion.
This morning, soon after the exercises, Monthi announced (right) that an account has been opened yesterday at Canara Bank in the name of the Club with herself, the secretary (Srichand Arora) and chairman (Hari Singh Shekhawat) as the authorized signatories. It is a ‘savings account’ and a deposit of Rs11,000-odd has been made from the cash collected so far. The contribution of four members, who are presently out-of-town, would be added later to the seed money.
With the opening of this account, the ambiguity over whether the Club would be saddled with a non-interest earning ‘current account’ has been settled for good. It also resolves the confusion over having to go in for registration as a pre-requisite for opening a bank account. However, for all matters of financial management and propriety, the buck stops with our treasurer.
Monthi of course, enjoys the confidence of the members in general and managing committee in particular, without whose support and cooperation this exercise could not have been completed. Shekhawat already had a running account with Canara Bank and his personal equation with the branch manager has greatly facilitated matters. Arora, on his part, had been toiling day and night and his contribution at bringing things to this head can never be quantified nor compensated. Yusuf Rassiwala (vice chairman) too has been just as forthcoming, both as troubleshooter and enabler – not to mention Razia Khan (joint secretary), who was seen, even this morning, diligently collecting signatures (left) for getting her paperwork in order. To all of them, the leading sentinels of Big Laaf, we bow our heads in salutation and gratitude.
Harish Wadhwa:
Now it is the turn of Gupta-ji to help us take this account further. Blog Monster, can you put up boxes on the side panel of the page, indicating the space available for ads? Not to forget that we are heading steadily to reach the magic number of 100,000 hits... Wow! This shows how keen and interested people are.
Renu Babani's PICSPEAK:
* "Excuse me, please may I say something at this point?"
* "What sort of a document is this? And why is it so important?"

2 comments:

Harish Wadhwa said...

Now its the turn of Gupta ji to help us take this account further. Blog Monster can also put a note on the blog making various boxes on the side lines showing that the space is available for ads.
Not to forget that we are heading steadily to reach the magic no. of 1 Lac hits....Wow....shows how keen and interested people.

Renu said...

Pic Speaks:

Excuse me please may I say something at this point?

What sort of document is this, and why is it so important?