Bank of baroda

Aravali Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005: NIL
2.
Litigation against Aravali Kshetriya Gramin Bank as of November 30, 2005: NIL
Bundi Chittorgarh Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005: Bank guarantee – Rs. 2,183,200.
2.
Litigation against Bundi Chittorgarh Gramin Bank as of November 30, 2005:
Labour Cases
There are ten cases that have been filed against the bank by its employees/ex-employees /employee associations in
relation to various matters including disciplinary action, termination, reservations, remuneration etc. Of these, one case is
pending before the Supreme Court, seven cases have been filed before the Rajasthan High Court and one case each
has been filed before the CGIT, Jaipur and District Court, Bundi. These cases are at various stages of hearing and
involve an aggregate amount of Rs. 14.61 million.
Bhilwara Ajmer Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005: Rs. 0.57 million on account of a fraud case
2.
Litigation against Bhilwara Ajmer Kshetriya Gramin Bank as of November 30, 2005:
Labour Cases
There are 19 cases that have been filed against the bank by its employees/ex-employees /employee associations in
relation to various matters including termination, reservations, remuneration, promotions, etc. Of these, 13 cases have
been filed before the Rajasthan High Court, three before the labour courts, two before the Bhilwara Civil Court and one
case has been filed before the Assistant Commissioner, Provident Fund at Udaipur. These cases are at various stages of
hearing and the exact amount of financial liability to the bank on account of the same cannot be accurately determined.
Consumer Cases
Four cases have been filed against the bank in relation to denial of insurance claims, payment of a fixed deposit,
payment of demand and non-collection of cheque. Of these, three cases have been filed before the District Forum,
Bhilwara and one case has been filed before the District Judge, Ajmer. These cases are at various stages of hearing and
the amount involved is Rs. 0.32 million.