@sswuste: Thanks for your reply. Now i understand the concept on how to set those permissions..
@deep27ak: Thank you also for your answer. But where should i put this???
Code:
#chmod 755 (dir_name)
Let us say i have to share those individual folders with it subfolders in diff access combination (read, write, read and write). In what portion should i put this code??? How does it affect the permission for each user??? Thanks