SETTLEMENT OF ARREARS AGREEMENT
Agreement date: 1 April 2026
Society: ABC Cooperative House Building Society Ltd, registration CHD/COOP/118, Sector 48, Chandigarh. Member: Aarav Sharma, member no. M-118, Flat 804, Sector 48, Chandigarh, unit Flat 804.
SETTLEMENT ACCOUNT
Principal admitted: ₹25,000 (Rupees Twenty Five Thousand only). Interest admitted: ₹25,000 (Rupees Twenty Five Thousand only). Conditional waiver: ₹25,000 (Rupees Twenty Five Thousand only). Settlement total: ₹25,000 (Rupees Twenty Five Thousand only).
PAYMENT SCHEDULE
Structure: Single payment. First payment: 2 April 2026. Final payment: 3 April 2026. Regular instalment: ₹25,000 (Rupees Twenty Five Thousand only). Schedule: X.
INTEREST AND DEFAULT
Interest treatment: Interest frozen while the schedule is kept. Details: X. Cure period: 25,000 days. Uncured default: Original admitted dues revive after crediting payments and lawful waivers lapse.
PROCEEDINGS AND FUTURE DUES
Pending case: X. Proceeding treatment: Proceeding stayed while settlement is performed. Future/current dues: X. Release after performance: Society confirms settlement of identified arrears period only.
RECORD PARTICULARS
Which jurisdiction applies? Punjab
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