Bank of baroda


Bank of Baroda (Uganda) Limited



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Bank of Baroda (Uganda) Limited
1.
Contingent Liabilities not provided for as of September 30, 2005:
Alive bank guarantees and letter of credit – Rs. 419.75 million.
2.
Litigation against BOB Uganda as of November 30, 2005:


316
BANK OF BARODA
Tax Cases
One claim is pending against a subsidiary involving Rs. 3.692 million from the Uganda Revenue Authority on account of
alleged less VAT payment on imported service for the period July 2003 – July 2004.
Consumer Cases
10 cases by the customers/public, involving an aggregate amount of Rs. 16.44 million, are pending against the bank
before various forums.
Bank of Baroda (Kenya) Limited
1.
Contingent Liabilities not provided for as of September 30, 2005:
Guarantees – Rs. 78.39 million;
Acceptance, endorsements and other obligations – Rs. 84.71 million; and
Bills for collection – Rs. 127.59 million;
2.
Litigation against BOB Kenya as of November 30, 2005: There are eight cases, involving an aggregate amount of
Rs. 17.91 million, pending against the bank in various forums.
Bank of Baroda (Guyana) Limited
1.
Contingent Liabilities not provided for as of September 30, 2005: 3.95 million.
2.
Litigation against BOB Guyana as of November 30, 2005: There are two cases against the company which have
been filed by depositors in relation to withdrawal against cheques. These cases are at various stages and the
aggregate amount involved is Rs. 0.24 million approximately.
Litigation against our Associates
UTI Asset Management Company Private Limited
1.
Contingent Liabilities not provided for as of March 31, 2005:
Income Tax Demands – Rs. 3.19 million; and
CDRF Cases – Rs. 6.20 million; and
Contract remaining to be executed on capital account and not accounted for – Rs. 2.54 million.
2.
Litigation against the UTI Asset Management Company Private Limited as of November 30, 2005:
Labour Cases

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