RECOVERY CERTIFICATE APPLICATION
Application date: 2 April 2026
Applicant society: ABC Cooperative House Building Society Ltd, registration CHD/COOP/118, Sector 48, Chandigarh. Jurisdiction: Punjab. Resolution: Resolution 14 dated 01 September 2026.
Member record: Aarav Sharma, member no. M-118, unit Flat 804, Share Certificate SC-118. Respondent: X, X.
Recovery basis: Section 67-A recovery of a qualifying society advance or debt. Source debt/order: X. Due date: 1 April 2026. Principal: ₹25,000 (Rupees Twenty Five Thousand only). Interest: ₹25,000 (Rupees Twenty Five Thousand only). Rate: 25,000% p.a. Costs: ₹25,000 (Rupees Twenty Five Thousand only). Total: ₹25,000 (Rupees Twenty Five Thousand only). Calculation: X. Prior demands: X. Hearing: Respondent served and heard. Documents: X.
RECORD PARTICULARS
What is the member correspondence address? Flat 804, Sector 48, Chandigarh
CERTIFICATE SCOPE
The applicant society should demonstrate why this particular debt fits the certificate provision selected. The prescribed recovery form cannot be treated as a substitute for adjudication where liability remains genuinely disputed and the Act requires a section 55 determination first.
HEARING RECORD
Service and opportunity of hearing are substantive parts of the recovery record. If the respondent contests the amount, the calculation, source debt and interest basis should be put before the statutory officer rather than hidden behind the total claimed figure.
LEGAL BASIS
Punjab: The Punjab Co-operative Societies Act, 1961 governs this recovery certificate application. 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.
Chandigarh: The Punjab Co-operative Societies Act, 1961 and Punjab Co-operative Societies Rules, 1963 apply to cooperative societies in UT Chandigarh. Section 55 provides the equivalent Registrar dispute route, administered locally by the Registrar of Cooperative Societies, UT Chandigarh. The current filing fee and period for the precise section 55 filing in this document were not confirmed from the sources used.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
The purpose of collecting personal data in this recovery certificate application is to identify the member, unit and society record needed to administer the stated maintenance, default, recovery or dispute action.
The record will be held by Kagaznama and may be shared with ABC Cooperative House Building Society Ltd, its committee, accountant, auditor, Registrar and recovery or legal professionals directly involved in this matter.