Bank of baroda

Faizabad Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005: NIL
2.
Litigation against Faizabad Kshetriya Gramin Bank as of November 30, 2005:
Labour Cases:
There are 23 writ petitions that have been filed against the bank by its employees/ex-employees or their dependants
thereof/ employee associations before the Lucknow Bench of the Allahabad High Court in relation to various matters
including termination of employment, demanding promotion, appointment, withdrawal of reservations, etc. 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.

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323
Consumer Cases
There are 13 consumer cases that have been filed against the bank before the District Forum and the Civil Court,
Faizabad in relation to various disputes relating to delay in realization of cheques, denial of debits, denial of loans, etc.
The aggregate amount involved in these said cases is Rs. 2,569,553 and these cases are at various stages of hearing.
Bareilly Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005: Litigation involving the Income Tax authorities amounting
to Rs. 15.01 million which are the tax demands against the bank.
2.
Litigation against Bareilly Kshetriya Gramin Bank as of November 30, 2005:
A demand of Rs. 15.01 million has been raised upon the bank as a result of assessment and the proceedings for
assessment year 2002-03. The bank proposes to prefer an appeal before the Income Tax Appellate Authorities
against the said assessment orders and the demand raised.
Shahjahanpur Kshetriya Gramin Bank
1.
Contingent Liabilities not provided for as of March 31, 2005:
Litigation involving Income Tax Authorities amounting to Rs. 24.47 million on account of tax demands against
the bank.
2.
Litigation against Shahjahanpur Kshetriya Gramin Bank:
A demand of Rs. 24.46 million has been raised on the bank as a result of assessment and the proceedings for
assessment for the AY 2002-03. The bank has preferred an appeal before Income Tax Appellate Authorities’ against
the assessment orders and the demand raised.