Question

Attempt the following.

Write a letter to depositor regarding renewal of his deposit.

Answer 1

HULK MOTORS LTD.

Registered office: Plot No. 05, Commercial Towers, P.K. Road,
Mumbai - 400067

CIN: R20020 MH 1000 PLC123456

Website: www.hulkmotors.in
Email: [email protected]
Date: 17th Oct, 2020

Phone: 022 12345678
Fax: 022 - 11112222
Ref. No.: C/2060/20-18
Mr. John Methiw
508, Lokesh Apartments,
AK.D. Road,
Mumbai – 4000089

Sub: Renewal of Fixed Deposit.

Dear Sir,

We have received your application for renewal of the deposit of ₹ 50,000 for a further period of two years. Along with the application we have also received original Fixed Deposit Receipt (FDR) No. 685, and the same has been placed before the Board for consideration and approval.

      The Board of Directors by passing a resolution at the Board meeting held on 12th Oct 2020 has decided to renew the deposits for a further period of 2 years on the same terms and conditions. A Deposit Receipt No. 342 is enclosed along with this letter.

     Thanking You,

Yours Faithfully,    
For Hulk Motors Ltd.

 Sign           
Mr. Kamlesh Gaikwad
Company Secretary

Encl: Fixed Deposit Receipt No. 342