A director sought to be removed under sub-section (8) of section 6 of the Act, shall be given an opportunity to make representation in writing against such removal to the Small Industries Bank (not exceeding a reasonable length), and 91 such representation, if the director so requests shall be circulated among the shareholders other than the Development Bank, the public sector banks, the General Insurance Corporation, the Life Insurance Corporation and other institutions owned or controlled by the Central Government or alternatively if the director so requests, be published in any newspaper circulated in India and if such circulation or publication of representation is not possible for want of time, the same shall be read out at the meeting.
70. Retirement of directors co-opted.
Subject to clause (f) of sub-section 1 of Section 6 of the Act, the directors co-opted by the Board shall retire in the order of co-option on assumption of charge by the director or directors elected by the shareholders other than the Development Bank, the public sector banks, the General Insurance Corporation, the Life Insurance Corporation and other institutions owned or controlled by the Central Government. If the co-option of more than one director is made on the same day, the retirement of such co-opted director (s) will be on the basis of descending order or in order of the name first written (in case the names are written in horizontal order), as the case may be, as appearing in the resolution passed by the Board for co-option of such directors.
92 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] GENERAL FUND
SCHEDULE I [ S H Regulation 14(1)] SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA BALANCE SHEET AS AT Previous Year Rs.
\ 2 3 4 5 6 7 L I A B I L I T I E S SHARE CAPITAL:
Authorised Issued and paid-up RESERVES, FUNDS AND SURPLUS:
i) Reserve Fund ii) Other Funds iii) Reserves Less:Debit balance,if any, in the Profit & Loss Account iv) Surplus GIFTS, GRANT, DONATIONS AND BENEFACTIONS:
1) From Government II) From other source* BONDS AND DEBENTURES :
DEPOSITS:
BORROWINGS:
1) From Reserve Bank of India a) Secured against stocks, funds and other trustee securities b) Secured against bills of exchange or promissory notes c) Out of the National industrial Credit (Long Term Operations) Fund ii) From Government of India a) Interest-free loan b) Other loans iii) From industrial Development Bank of India iv) From Other sources v) In Foreign Currency CURRENT LIABILITIES AND provisions This Year Rs.
• Previous Year Rs.
\ 2 3 4 5 6 7 ASSETS CASH AND BANK BALANCES :
i) Cash in hand and balances with Reserve Bank of India ii) Balance with other Banks in India •) On Current Account b) On Deposit Account iii) Balances with other Banks outside India a) On Current Account b) On Deposit Account INVESTMENTS:
i) In securities of Central and State Governments ii) In stocks, sharers, bonds and debentures of financial Institutions iii) In stocks, shares, bonds & debentures of Industrial concerns iv) Others LOANS AND ADVANCES i) To banks other other financial institutions ii) To Industrial concerns iii) Others BILLS OF EXCHANGE AND PROMISSORY NOTES DISCOUNTED OR REDISCOUNTED:
PREMISES :
(At cost less depreciation) OTHER FIXED ASSETS :
(At cost less depreciation) OTHER ASSETS:
This year Rs.
CONTINGENT LIABILITIES:
i) Claims against the Bank not acknowledged as debts ii) On account of guarantees/letters of credit issued iii) On account of underwriting commitments iv) On account of uncalled monies on partly paid shares, debentures etc.
v) Other Monies for which the Bank is contingently liable 93 GENERAL FUND
SCHEDULE II [See regulation 14(i)] SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED Previous Year Rs.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 EXPENDITURE Interest paid on Deposits, Borrowings, etc.
Establishment Expenses Directors' & Committee Members' Fees and Exp.
Auditors' Fees Rent, Taxes, Insurance, Lighting, etc.
Law Charges Postage, Telegrams & Stamps Stationery, Printing, Advertisement, etc.
Depreciation/ Amortisation Depreciation on Leased Assets Net Loss on sale of investments (not debited to reserve or any particular fund or account) Other Expenditure Profit for the year carried down Loss for the year brought down Balance of loss brought foward from last year Appropriation Balance of profit carried to balance sheet This year Rs.
Previous Year Rs.
1 2 3 4 5 6 7 a 9 I N C O M E (Less provisions made during the year for bad and doubtful debts and other necessary and expedient provisions) Interest and Discount etc Income from Investments Commissions, brokerage, etc.
Net Profit on sale of investments (not credited to reserves or any particular fund or account) Other Income Loss for the year Profit for the year brought down Balance of profit brought foward from last year Balance of loss carried to balance sheet • This year Rs.
3104 GI/2000—13 94 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] SMALL INDUSTRIES DEVELOPMENT ASSISTANCE FUND
SCHEDULE III [ See Regulation 14(ii)] SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA BALANCE SHEET AS AT Previous Year Rs.
- • 1 2 3 4 5 6 7 L I A B I L I T I E S RESERVES AND FUNDS:
i) Reserves Fund II) Other Funds iii) Reserves GIFTS, GRANTS. DONATIONS AND BENEFACTIONS i) From Government ii) From other sources BONDS AND DEBENTURES :
DEPOSITS:
BORROWINGS:
(i) From Government of India (II) From Other sources CURRENT LIABILITIES AND PROVISIONS:
PROFIT AND LOSS ACCOUNT Balance from last Balance Sheet Profit/Loss transferred from the account annexed This year Rs.
- Previous Year Rs.
1 2 3 4 5 6 1 A S S E T S CASH AND BANK BALANCES .
i) Cash in hand and balances with Reserve Bank of India ii) Balances with other Banks in India a) On Current Account b) On Deposit Account iii) Balances with other Banks outside India 6) On Current Account b) On Deposit Account INVESTMENTS:
i) In securities of Central and State Governments ii) In stocKs, shares, Bonds and debentures of financial institutions iii) In stocks, shares, bonds & debentures of Industrial concerns iv) Others LOANS AND ADVANCES BILLS OF EXCHANGE AND PROMISSORY NOTES DISCOUNTED OR REDISCOUNTED:
OTHER ASSETS :
PROFIT AND L0SS ACCOUNT Balance from last Balance Sheet Profit/Loss transferred from the account annexed This year R s .
— - , CONTINGENT LIABILITIES:
i) Claims against the Bank not acknowledged as debts ii) On account of guarantees/letters of credit issued iii) On account of underwriting commitments iv) On account of uncalled monies on partly paid shares, debentures etc.
v) Other Monies for which the Bank is contingently liable 95 SMALL INDUSTRIES DEVELOPMENT ASSISTANCE FUND
SCHEDULE IV [See regulation 14(ii)] SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED Previous Year Rs.
1 2 3 4 5 6 7 8 9 10 EXPENDITURE Interest paid on Deposits, Borrowings, etc.
Establishment Expenses Auditors' fees Rent, Taxes, Insurance, Lighting, etc.
Law Charges Postage, Telegrams & Stamps Stationery, Printing, Advertisement, etc.
Net Loss on sale of Investments (not debited to reserve or any particular fund or account) Other Expenditure Balance of profit carried to Balance Sheet This year Rs.
Previous Year Rs.
1 2 3 4 5 6 I N C O M E (Less provisions made during the year for bad and doubtful debts and other necessary and expedient provisions) Interest and Discount Income from Investments Commissions, Brokerage, etc.
Net Profit on sale of Investments (not credited to reserves or any particular fund or account) Other Income Balance of loss carried to Balance Sheet This year Rs.
% THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
SCHEDULE V (See Regulation 16) SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA FORM I FORM OF NOMINATION / SUBSTITUTION OF NOMINATION 1 I/We nominate the following person(s) to whom, in (Name/s of the holder(s)) the event of my/our/minor holder's death, the amount due on the securities specified below may be paid :- Sr No.
1.
2.
Description Distinctive Numbers Date of Issue Face value NOMINEE(S) Sr.
No.
1.
2.
Name Address Date of Birth (if the nominee is a minor) Percentage of amount payable @
2. *As the nominee(s) at serial No. (s) above is/are minor(s), I appoint Shri/Smt/Kurnari as the person to receive the amount due on (Name and full address) the securities in the event of my/our/minor holder's death during the minority of such nominee(s).
3. **This nomination is in substitution of the nomination dated made by me/us and registered in the books of the Small Industries Bank on which shall stand cancelled on registration of this nomination.
**(Signature of the holder) Signature and addresses of witnesses :
1.
2.
@ Indicate in this column the percentage of total amount payable to each nominee.
* Strike out this paragraph when the nomination is not in favour of a minor.
*Strike out this paragraph when the nomination is not in substitution of one already made.
** If security is held in the name of a minor, the nomination has to be signed by a person lawfully entitled to act on behalf of the minor.
97 SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA FORM II FORM OF CANCELLATION OF NOMINATION I/We do hereby cancel the nomination dated made by me/us (Name/s of the holder(s)) in respect of the securities specified below and registered on Sr.
No.
1.
2.
3.
Description Distinctive Numbers Date of Issue Face value Place :
Date:
*(Signature of the holder) (Name of the holder) Signature and addresses of witnesses :
1.
2.
* If security is held in the name of a minor, a cancellation of nomination should be signed by a person lawfully entitled to act on behalf of the minor.
98 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
SCHEDULE VI SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA FORM A Share Transfer Form [See sub-regulation (1) of regulation 27] FOR THE CONSIDERATION stated below the 'Transferor(s)" named do hereby transfer to the "Transferee(s)" named the shares specified below subject to the conditions on which the said shares are now held by the Transferor(s) and the Transferee(s) do hereby agree to accept and hold the said shares subject to the conditions aforesaid Name of the recognised :
Stock Exchange, where dealt in, if any Description of Equity Shares No in Figures No. in words Consideration Consideration (in figures) (in words) Distinctive Numbers From To Corresponding Certificate Nos.
Transferor(s) [Seller(s)] Regd.
Particulars Folio No. Signatures Name(s) in full 1. 1.
2. 2.
3. 3.
4. 4.
ATTESTATION I hereby attest the signature Signature of the witness of the Transferor(s) herein mentioned Signature Name and address of witness.
Name Address/Seal Pin Transferee(s) Buyer(s) Particulars Signatures (s) Name(s) in full 1. 1.
2. 2.
3. 3.
Occupation Address Father's / Husband's Name
1.
2.
99 Transferee(s) existing Value of Folio if any, in same Stamps affixed Rs.
order of Names Dated this day of Two thousand Place:
For office use only Folio Checked by Specimen 1.
Signature(s) 2.
of transferee(s) Signatures tallied by Entered in Register of Transfer No.
Approval Date Instructions for attestation:
Attestation, where required (thumb impressions, marks signature difference etc.)
should be done by a Magistrate, Notary Public or Special Executive Magistrate or a similar authority holding a public office and authorised to use the Seal of his office or a member of a recognised Stock Exchange through whom the shares are introduced or a manager of the Transferor's Bank.
NOTE: Names must be rubber stamped preferably in a straight line. Chronological order should be maintained. Broker's Clearing Number should be stated when delivery is given by a clearing Member Bank.
Name of delivering broker or clearing member Date: Power of Attorney Probate Death Certificate Letters of Administration Registered with the Company No. Date (Signature (not initials) of Broker, Bank, Company or Stock Exchange Clearing House) Lodged by:
Full Address:
Share Certificate to be returned to 100 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] (fill in the name and address to which the certificates are required to be returned) Name & Address:
Share Transfer Stamps SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA FORM B FORM OF PROXY (see sub-regulation (3) of regulation 63) I/We, resident of in the district of in the State of being a shareholder / shareholders of the Small Industries Bank hereby appoint Shri resident of in the district in the State of __ or failing him, Shri resident of in the district of in the State of as my/our proxy to vote for me/us on my/our behalf at the meeting of the shareholders of the Small Industries Development Bank of India to be held on the day of and at any adjournment thereof Signed by the day S.S.KOHLI CHAIRMAN AND MANAGING DIRECTOR Certified that the Board of Directors of Small Industries Bank in its meeting held on October 4, 2000 at New Delhi has approved and adopted the Small Industries Development Bank of India General Regulations , 2000.
[Advt/III/IV/Exty/l39/2000] S.C. GARG, General Manager (Legal) Printed by the Manager, Govt. of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publication, Delhi-110054 — 2000