DEFAULTER REMINDER NOTICE
Reminder date: 1 April 2026
Society: ABC Cooperative House Building Society Ltd. Member: Aarav Sharma, member no. M-118, unit Flat 804. Ledger period: 2 April 2026 to 3 April 2026.
Principal: ₹25,000 (Rupees Twenty Five Thousand only). Interest: ₹25,000 (Rupees Twenty Five Thousand only). Late charges: ₹25,000 (Rupees Twenty Five Thousand only). Total due: ₹25,000 (Rupees Twenty Five Thousand only). Ledger: X.
Please pay by 2 April 2026 using X. Ledger dispute route: X.
RECORD PARTICULARS
What is the society registration number? CHD/COOP/118
What is the society registered office address? Sector 48, Chandigarh
Which jurisdiction applies? Punjab
What is the member correspondence address? Flat 804, Sector 48, Chandigarh
What society/property record identifies the unit? Share Certificate SC-118
What committee/general-body resolution supports the action? Resolution 14 dated 01 September 2026
REMINDER PURPOSE
This reminder is an account-reconciliation step before escalation. It asks the member to compare the society ledger against receipts, bank credits and approved charge heads and to identify any missing credit before the society treats the balance as uncontested.
LEDGER DISCIPLINE
The Society should preserve invoice dates, payment dates, credit-note references and the source for every interest or late-charge entry. A reminder should never convert an unexplained bookkeeping balance into an admitted debt merely because a deadline is printed on it.
MEMBER RESPONSE
If the member supplies a payment proof or disputes a line item, the Society should reconcile that item against its books before carrying the same figure into a final recovery notice. The reminder remains open to correction until the ledger is reconciled.
NO RECOVERY CERTIFICATE YET
This document does not assert that the debt already qualifies for a recovery certificate, nor does it decide a section 55 dispute. It preserves the first formal demand and the member opportunity to correct the account.
EARLY RECONCILIATION
This reminder is deliberately a pre-escalation account check. The society should compare every claimed debit against the member ledger and every claimed credit against bank receipts before moving to a final notice.
MEMBER CORRECTION WINDOW
A member who produces a payment reference, credit note or evidence of an incorrect charge should receive a corrected ledger before the same balance is repeated in later proceedings. The reminder does not turn a disputed bookkeeping entry into an admitted debt.
LEGAL BASIS
Punjab: The Punjab Co-operative Societies Act, 1961 governs this defaulter reminder notice. Section 55 provides the Registrar reference route for qualifying disputes touching the constitution, management or business of the society. The first society action is taken by the managing committee or general body under the registered bye-laws; the Registrar of Cooperative Societies, Punjab receives a statutory reference when section 55 applies. This notice is not itself an appealable order; a qualifying challenge proceeds through the section 55 Registrar dispute route.