Financial Matter Settlement Of Apparao

22-06-2012 Meeting Called BY: Type of Meeting Name of Meeting Facilitator Purpose of meeting List of Attendees 3:30 PM Suresh Kumar.K - Pricipal BCT ITI Official Suresh Kumar.K - Pricipal BCT ITI To resolve the issue concerning nonpayment of academic as well as mess fees of ITI students 01) Sriram Murty Garu - Secretary BCT 02) Suresh Kumar.K - Pricipal BCT ITI 03) Nanaji Apparaos brother Office of the Secretary

30 Minutes Summary of Discussion

Financial Matter Settlement of Apparao

The whole discussion is centered around the negotiations with respect to payment of academic fees from a long time. Academic fees matter is basically tuned out to be a bone of contention between Apparraos case and management as the parents expressed their helplessness in payment of pending bills of 4000/- for 1st year and 12500/- for 2nd year. Nanaji has asked for waiver in fee amount from 25000/- to 20000/- which was any way contradicted By management. After few rounds of agreements and disagreements all the persons concerned have zeroed in on following conclusions. Conclusions Made: 01) Instead of `12500/- for 1st year Apparao shall pay `12500/- with no concession. 02) Instead of `12500/- for 2nd year Apparao shall pay `10500/- with `2500/- concession. With that the Total academic fees shall amount to 22500/- especially for Apparao. 03) We have applied for scholarship to Apparao. We will take the intiative to push the things harder. In case of any positive outcome from the whole process `2500/- which was given as concession for 2nd year academic fees shall be recovered from the scholarship amount and the remaing amount shall be returned back carefully.