Draft a letter to depositor for renewal of his deposit.
Sunrise Industries Limited
60/A, V S. Khandekar Road,
Vile Parle (W), Mumbai - 400056.
Tel. No. : 022-61246871
Ref. : C/35/2012
17th Feb, 2012.
Smit. Kumudini S. Pandit
7728, L. J. Road,
Mahim, Mumbai - 16.
Sub : Renewal of fixed deposit
We hereby acknowledge receipt of your application for renewal of deposit of Rs. 10000 for a further period of one year. We have also received duly discharged deposit receipt No. 0064 within the stipulated fourteen days from maturity date alongwith clear instruction for renewal of deposit.
Accordingly we have renewed your deposit for a further period of one year on the same terms and conditions. Enclosed alongwith this letter is deposit receipt No. 4215 dated 15th Feb, 2012 for the renewed deposit.
It shall always be our endeavour to provide best of our service to you at all time.
Thanking you. Yours faithfully,
For Sunrise Industries Ltd.
Encl : Deposit Receipt Secretary
A company can renew tenure of a deposit in due compliance with the provisions of Section 58 A of the Companies Act 1956. This letter informs the depositor, that the deposit has been renewed for a further period. Deposit receipt is enclosed along with this letter.