Sobha Palm CourtApartment Owners' Association
The MC's commitments, in public

What the MC is doing

Every item has an owner and a date. Progress is marked here each month. Anything that slips stays on the list with its reason.

Money and the meeting

ActionWhoWhen
Special General Body Meeting on Sunday 18 October: notice by 18 September, full pack tabled at the meetingMCSep–Oct
Reconciled FY 2026–27 budget from the accountant's statements and bank figures, shared with the Sub-Committee for comment firstTreasurerby 26 Sep
Written GST advice on whole-amount vs excess taxation and input credit, before the noticeTax adviserby 10 Oct
Until the General Body decides, the shortfall is met from the reserves; the amount drawn is reported on the reserves page each monthTreasurermonthly
Explain the ₹61 L difference between the books and the bank on HDFC deposits, and obtain ICICI maturity datesTreasurerSep
Corpus bridge from ₹11.76 Cr at handover to today's deposits, from the audited balance sheetsTreasurer, auditorin the pack

Accountability

ActionWhoWhen
Sub-Committee report sent to the previous Managing Committee for written responses on each point; responses published with the packPresidentby 21 Sep
Written questions to the auditor on the corpus withdrawals, the payment without an invoice, payments to personal accounts and the security GSTMCin progress
General Body asked to approve an independent review of the flagged transactions, with a defined scope and budgetMCSGBM
Nobody named or blamed ahead of findings; process and dates communicated insteadMCstanding

Contracts

ActionWhoWhen
Interim agreement with Sobha for October–March with a rate card and headcountSecretarySep
Facility-management tender with service standards from the surveySecretary, engineering groupbefore SGBM
Security: written position on deployment, penalties applied, retender specificationSecretarySep–Oct
Lift contract rebid on uptime; monthly lift log published from OctoberEngineering groupOct
STP: odour audit, retender with standardsEngineering groupOct

Services residents asked about

ActionWhoWhen
Complaint standard in MyGate: acknowledged in 4 working hours, updated every 48 hours, closed on your confirmation; monthly numbers publishedSecretaryOct
Pest control: vendor's schedule audited, mosquito source reduction, published fogging calendar, drain-line treatmentSecretarySep–Oct
Play area: hardened sand and exposed pipes inspected and fixedEngineering groupSep
Corridor and staircase light timers re-commissionedSecretarySep
Tennis coaching slots; clubhouse booking through MyGate; gym and AC servicingSecretaryOct
Arrears: notices to the 30 flats with dues; owners more than 60 days in arrears at year-end cannot vote in or stand for the next election (bye-law 7)TreasurerSep

Rules for the future

ActionWhoWhen
Financial controls policy: contract thresholds by annual value, three quotes, vendor checks, monthly reporting, accounts published by 31 MayTreasurerSGBM
Corpus policy: interest is income, principal is not; three signatures or five MC signatures; monthly deposit statementTreasurerSGBM
Monthly transparency pack on MyGate and on these pages by the 10thSecretaryfrom Oct
Sinking fund from next year for lifts, painting and waterproofingMCnext AGM

"Engineering group" is the volunteer engineering sub-committee of owners. Personal names are not used on these pages.

Updated 15 September 2026. Accounts to end Aug 26; deposits as at 7 September 2026; survey August 2026. Published by the Managing Committee. Questions: spcaoa@gmail.com