Bank of baroda

OUTSTANDING LITIGATION AND MATERIAL DEVELOPMENTS
Except as detailed below, there is no outstanding litigation, suits or criminal or civil prosecutions, proceedings or tax
liabilities against our Bank, and its Directors, that would have a material adverse effect on our business and there are no
defaults, non-payment or overdue of statutory dues, institutional/ bank dues and dues payable to holders of any debentures,
bonds and fixed deposits that would have a material adverse effect on our business. Apart from criminal cases against
the Bank, a material threshold of Rs. 10 million has been adopted for other cases.
Contingent Liability
The following table sets forth the principal components of our contingent liabilities as of September 30, 2005.
(Rs. In Million)
Contingent Liabilities
 As on September 30, 2005
Claims against the Bank not acknowledged as debt
8,545.89
Liability for partly paid investments
585.98
Liability on account of outstanding forward exchange contracts
196,136.74
Guarantees given on behalf of constituents :
in India
27,826.62
Outside India
15,338.18
Acceptances, Endorsements & other Obligations
36,198.99
Other items for which the Bank is contingently liable
92,281.06
Total
376,913.46
Cases against the Bank
There are 1,557 cases involving an amount of Rs. 39,596.79 million that have been filed against the Bank in relation to
various matters.
There are 294 civil cases filed against us for disputes relating to interest imposed, negligence, recovery of money,
guarantees, letters of credit, etc., in which the aggregate amount claimed is Rs. 5,809.94 million or more.
There are 454 cases filed against us relating to consumer disputes in relation to, inter alia, issuing money against forged
cheques, alleged wrongful refusal to sanction certain facilities, and refusal to release fixed deposit receipts/title deeds
pledged as security. The total amount claimed against us in these cases is Rs. 113.40 million.
There are 560 suits/writ petitions filed by employees/ex-employees pending against us and the total amount claimed by
the plaintiffs in these cases is approximately Rs. 135 million.
There are three cases in relation to security related offences that have been filed against the Bank involving Rs. 4.03
million.
There were 14 disputes relating to income tax and interest tax assessments in which the aggregate amount (excluding
interest thereon) claimed against the Bank was Rs. 33,196 million as of November 30, 2005. In addition, there are five
cases involving an amount of Rs. 236.99 million relating to property tax, delayed submission of income tax by our
branches and other tax disputes at our Uganda and Brussels branches.
There were three cases that were filed against us in relation to violation of the erstwhile FERA involving an amount of
Rs. 13.10 million.
The information on the above cases is given as of November 30, 2005.
Apart from the cases filed against us, we filed cases from time to time against persons who are in default or are in
breach of their obligations to us or attempt to adversely affect our interests.

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