(1) At the end of every financial year, the Centre shall prepare its annual statement of accounts, balance sheet, receipt and payment account and income and expenditure statement in Forms ‘A’, ‘B’ and ‘C’ and the Schedules I to XXIII annexed to these rules.
(2) The annual statement of accounts balance sheet, receipt and payment account and income and expenditure statement of the Centre along with the Schedules I to XXIII shall be authenticated by the Chief Executive Officer of the Centre or the Chairperson of an Audit Committee constituted with the approval of Chairperson of the Centre for this purpose.
(3) The Accounts statements shall then be approved by the Chairperson of the Centre and forwarded to the Comptroller and Auditor General of India, for the purposes of audit, within three months of the end of the financial year.
(4) The duly audited annual statement of accounts and balance sheet of the Centre as certified by the Comptroller and Auditor General of India along with the audit report thereon for every financial year shall be forwarded by the Centre to the Central Government for laying before both the Houses of Parliament.
Form —‘A’ FINANCIAL STATEMENT [see sub rule (1) of rule 5] New Delhi International Arbitration Centre Balance Sheet as at.
(Amount in Rs.)
SL | CORPUS/CAPITAL FUND AND LIABILITIES Schedule Current Previous No. Year Year Q) (2) (3) (4) (5)
1._| Corpus/Capital Fund I
2. | Reserves and Surplus IL
3._| Earmarked/Endowment Funds Il
4. | Secured Loans and Borrowings IV
5. | Unsecured Loans and Borrowings Vv
6._| Deferred Credit Liabilities VI
7._| Current Liabilities and Provisions VIL
8. | TOTAL
9. | ASSETS
10. | Fixed Assets VII
11. | Investments - From Earmarked/Endowment Funds Ix
12. | Investments - Others xX
13. | Current Assets, Loans and Advances XI
14. | Miscellaneous Expenditure (to the extent not written of or adjusted)
15. | TOTAL
16. | Significant Accounting Policies XXII
17. | Contingent Liabilities and Notes on Accounts XXIII New Delhi International Arbitration Centre Chief Executive Officer, Chairperson Audit Chairperson, NDIAC NDIAC Committee , NDIAC Place: New Delhi Date:
[art II—ave 3(i)] ART PT UST: TATA 21 Form ‘B’ INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD/YEAR ENDED [see sub rule (1) of rule 5] SI. INCOME Schedule Current Previous No. Year Year Q) (2) (3) 4 (5) Grants/Subsidies XII
2. Fees/Subscriptions XII
3. Income from Investments (Income on investment, from | XIV earmarked/endowment funds transferred to funds)
4. Income from Royalty, Publications etc. XV
5. Interest Earned XVI
6. Other Income XVII
7. Total (A)
8. EXPENDITURE Schedule Current Previous Year Year
9. Establishment Expenses XVIII
10. | Other Administrative Expenses etc. XIX
11. | Expenditure on Grants, subsidies etc. XX
12. Interest XXI
13. | Depreciation (Net Total at the year end corresponding to | XXII Schedule VITD
14. | Total (B)
15. | Balance being excess of Income over Expenditure (A-B) Transfer to Special Reserve (Specify each) Transfer to/from General Reserve
16. | Balance Being Surplus (Deficit) Carried to Corpus/Capital Fund
17. | Significant Accounting Policies XXII
18. | Contingent Liabilities and Notes on Accounts XXIII New Delhi International Arbitration Centre Chief Executive Officer, Chairperson Audit Chairperson, NDIAC NDIAC Committee, NDIAC Place: New Delhi Date:
Form ‘C’ RECEIPT AND PAYMENT ACCOUNTS FOR THE PERIOD/YEAR ENDED [see sub rule (1) of rule 5] (Amount in Rs.)
SL RECEIPTS CURRENT PREVIOUS PAYMENTS CURRENT PREVIOUS No. YEAR YEAR YEAR YEAR
(1) (2) (3) (4) (5) (6) (7)
1. I. Opening Balances I. Expenses 22 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
2. (a) Cash in Hand a) Establishment expenses
3. (b) Bank Balance b) Administrative Expenses 4, (i) In current Accounts
5. (ii) In Deposit Accounts
6. (iii) Saving Accounts
7._| Il. Grants Received II. Payment made
8. (a) From against funds for Government of India various Projects (Name of the fund or project should be shown along with the particulars of payment made for each project)
9. (b) From Other Sources (Details) (Grants for Capital and Revenue Expenditure to be shown separately
10. | IIL. Income on IIL. Investments Investment from and Deposits Made
11. | (a) Earmarked / a) Out of Endowment funds Earmarked /Endowment funds
12. (b) Own funds b) Out of own (Investment - others) funds (Investment - others) @) (2) (3) (4) (5) (6) (7)
13. IV. Interest Received IV. Expenditure on Fixed Assets & Capital Workin-Progress
14. (i) On Bank Deposits a) Purchase of fixed Assets
15. (ii) Loans, advances b) Expenditure on etc. Capital Work-inprogress
16. V. Other Income V. Refund of (Specify) surplus money/loans a) To the Government of India b) To other providers of funds
17. VI. Amount VI. Finance Borrowed Charges (Interest)
18. VIL. Any other VII. Other [ATT I—*are 3(i)] ATR BT ISTTA | TATAT OT 23 receipts (give details) Payments (Specify) VIII. Closing Balances a) Cash in Hand b) Bank Balances
(i) In current Accounts
(ii) In Deposit Accounts
(iii) Savings Accounts
19. | TOTAL TOTAL New Delhi International Arbitration Centre Chief Executive Officer, NDIAC Chairperson Audit Committee , NDIAC Place: New Delhi Chairperson, NDIAC Date:
SCHEDULE - I [see sub rule (1) of rule 5] CORPUS/CAPITAL FUND (Amount in Rs.)
SL Current Year Previous Year No.
@) (2) (3) (4) Balance as at the beginning of the year Add: Contributions towards fund Add/(Deduct): Balance of net income/ (expenditure) transferred from the Income and Expenditure Account
4. BALANCE AS AT THE YEAR -END
SCHEDULE - II [see sub rule (1) of rule 5] RESERVES AND SURPLUS (Amount in Rs.)
SL Current Year Previous Year No.
@) (2) (3) (4)
1. 1.Capital Reserve As per last Account Addition during the year Less: Deductions during the year 24 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
2. 2.Revaluation Reserve As per last Account Addition during the year Less: Deductions during the year
3. 3.Special Reserves As per last Account Addition during the year Less: Deductions during the year
4. 4.General Reserve As per last Account Addition during the year Less: Deductions during the year
5. TOTAL
SCHEDULE — III [see sub rule (1) of rule 5] EARMARKED/ENDOWMENT FUNDS SL Fund Wise Break up Totals No. Fund Fund Fund Fund Current Previous WW XX YY ZZ Year Year dd) (2) (3) (4) (5) (6) @ (8)
1. (a) Opening balance of the funds
(b) Additions to the Funds:
(i) Donations/grants
(ii) Income from investments made on account of funds
(iii) Other additions (specify nature)
2. Total (a + b)
3. (c) Utilisation/Expenditure towards objectives of funds
(i) Capital Expenditure - Fixed Assets - Others Total
(ii) Revenue Expenditure - Salaries, Wages and allowances etc.
- Rent - Other Administrative Expenses Total 4, Total (c )
5. NET BALANCE AS AT THE YEAR END (a +b -c)
1. Disclosures shall be made under relevant heads based on conditions attaching to the grants.
2. Plan Funds received from the Central Government are to be shown as separate Funds and not to be mixed up with any other funds.
[ATT I—*are 3(i)] ATR BT ISTTA | TATAT OT 25
SCHEDULE — IV [see sub-rule (1) of rule 5] SECURED LOANS AND BORROWINGS (Amount in Rs.)
Previous Year SL No. Current Year @) (2) (3) (4)
1. 1. Central Government
2. 2. Financial Institutions
3. (a) Terms Loans
4. (b) Interest accrued and due
5. 3. Banks
6. (a) Term Loans Interest accrued
7. (b) Term Loans Interest due