30 March 2007

The Bond and Vaishi Fundraising - Final Decision

Here is the final word from Kunal! Well done Waa...you showed more energy and initiative on this than you did during your entire tenure at Doon! ;-)

Hey Guys,

The day has finally arrived when you get to make good on your pledges.

First, let me provide a brief update of all the developments that have taken place in recent days. I have contacted the DSOBS to let them know that we are collecting funds for Bond/Vaishi. The DSOBS plans to hand over the funds when the old boys play school at cricket in mid-April which is the time I was planning to go to school and would have handed over the funds from our side. Due to multiple reasons it makes sense for us to go via DSOBS with the biggest one being that funds collected by DSOBS and given to Bond/Vaishi will not attract any tax whereas if we were to give funds separately then they would have to pay tax on it.

We have about a week to get the funds to the DSOBS.

Although checks can be sent directly to DSOBS I suggest that they be sent to me and I will hand them in as a bundle to Nalin Khanna/DSOBS. This would allow us to keep track of the contributions that come in.

The checks for the amount Rs. 5,000 should be made in favour of
THE DOON SCHOOL OLD BOYS SOCIETY. Please write SHEEL VOHRA CUP on the reverse side.

Send the checks to me at the following address:
Kunal Sharma
B - 125, Okhla Industrial Area Phase - I
New Delhi - 110020

Also, after you have sent your check please send me a mail with your check number so that I look out for it.

For those of you in the US you have the option to wire transfer the money directly to DSOBS. You will have to follow this up with an email, preferably with a copy of your bank receipt showing that your bank has made the
remittance to India as this would help DSOBS follow up with their bank to ensure early remittance.

Details are listed below:

Please remit the funds for credit of
Syndicate Bank, Mumbai Office
A/C No. 36059901
Swift No. CITIUS with
CITI BANK NA
399 PARK AVENUE,
NEW YORK CITY, NY 10043, USA

for credit of
Savings Bank A/C No. 9017 201 00 66655
SWIFT BIC SYNBINBB070
M/S Doon School Old Boys’ Society with Syndicate Bank
4 Bahadur Shah Zafar Marg , I. P. Estate
New Delhi – 110 002
India

OR

Please remit the funds for credit of
Syndicate Bank, Mumbai Office
A/C No. 000033553
Swift No. MRMDUS33 with
HSBC BANK USA
140 BROADWAY
NEW YORK, NY 10005-1180
USA

for credit of
Savings Bank A/C No. 9017 201 00 66655
SWIFT BIC SYNBINBB070
M/s. Doon School Old Boys’ Society with Syndicate Bank
Bahadur Shah Zafar Marg, I. P. Estate,
New Delhi – 110 002
India

Given that we are short on time I am willing to write out a check at this end on behalf of all the guys in the US and in turn have Toad collect the money from you guys -- Honour Code will be applicable! I will send out a
separate mail to you guys in this regard.

If anyone has any concerns or would like to do things differently then please air your views at this time. Also, for those in India, if for any reason (traveling/lost check book/etc.) you are unable to send out a check
in the next couple of days but would like to contribute then please get in touch and we can work something out (my cell no. is 9811333872).

Hope to receive your checks soon and please follow up with an email to let me know that the check is on its way. Also send me you house and number -- Bond may still remember it, but I don't!

Kunal
kunal473@hotmail.com

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