Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-13062024-254695
EXTRAORDINARY
PART II-Section 3-Sub-section (i)
PUBLISHED BY AUTHORITY
No. 299]
NEW DELHI, THURSDAY, JUNE 13, 2024/JYAISHTHA 23, 1946
MINISTRY OF LAW AND JUSTICE
(Department of Legal Affairs)
NOTIFICATION
New Delhi, the 13th June, 2024
[F. No. A-60011/43/2023-ADR]
AJAY KUMAR ARORA, Jt. Secy.
G.S.R.- 320(E).—In exercise of the powers conferred by sub-section (2) of section 51 read with sub-section
(3) of section 32 of the Mediation Act, 2023 (32 of 2023), the Central Government hereby makes the following rules,
namely:-
1. Short title and commencement. – (1) These rules may be called the Mediation Council of India (Salary,
Allowances and other Terms and Conditions of Service of Chairperson and Members) Rules, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Definitions.- (1) In these rules, unless the context otherwise requires,-
(a) "Act" means the Mediation Act, 2023 (32 of 2023);
(b) "Council" means the Mediation Council of India established under section 31 of the Act;
(c) "Chairperson” means the Chairperson of the Council appointed on full-time basis under section 32 of the Act;
(d) "Member" means the member of the Council appointed on full-time basis under section 32 of the Act.
(2) The words and expressions used in these rules and not defined, but defined in the Act shall have the same
meanings respectively assigned to them in the Act.
3. Terms and conditions of service of Chairperson and Members.– (1) The Chairperson or the Member appointed
on full-time basis shall not have any financial or other interests as are likely to affect prejudicially his functions as
such Chairperson or Member.
(2) The Chairperson and Member shall not accept any private employment before the expiry of a period of one year
from the date of demitting the office in the Council, except with the previous sanction of the Central Government.
4. Salary. - (1) The Chairperson shall have an option to receive a pay scale of Rs. 2,25,000 (fixed) (Level-17 of the
Pay Matrix) and other allowances and benefits, as are admissible to the Central Government officer holding the post
carrying the same pay or in the alternative a consolidated salary of Rs 5,62,500 per month including all allowances.
(2) Every Member shall have an option to opt for the pay scale of Rs. 2,05,400- 2,24,400 (Level-16 of the Pay Matrix)
and other allowances and benefits, as are admissible to the Central Government officer holding the post carrying the
same pay scale or in the alternative a consolidated salary of Rs 5,00,000 per month including all allowances.
(3) In case a person appointed as Chairperson or Member is in receipt of any pension, the pay or consolidated salary,
as the case may be, shall be reduced by the gross amount of his pension.
5. Leave.- (1) The Chairperson or a Member shall be entitled to earned leave for thirty days for every completed year
of service.
(2) The Chairperson or a Member shall be entitled for eight days casual leave in a calendar year.
(3) The payment of leave salary during leave shall be governed by rule 40 of the Central Civil Services (Leave) Rules,
1972.
(4) The Chairperson or Member shall be entitled to encashment of leave in respect of the earned leave standing to his
credit, subject to the condition that maximum leave encashment, including the amount received at the time of
retirement from previous service shall not in any case exceed the limit prescribed under the Central Civil Services
(Leave) Rules, 1972.
6. Leave sanctioning authority.-The Chairperson shall be the competent authority to sanction leave to a Member and
the Central Government shall be the competent authority to sanction leave to the Chairperson.
7. Travelling allowances. - (1) The Chairperson, while on tour or on transfer (including the journey undertaken to
join the Council or on the expiry of his term with the Council proceeds to his home town) shall be entitled to the
travelling allowance, daily allowance and transportation of personal effects at the same rate as are admissible to a
Secretary to the Government of India.
(2) A Member while on tour or on transfer (including the journey undertaken to join the Council or on the expiry of
his term with the Council proceeds to his home town) shall be entitled to the travelling allowance, daily allowance and
transportation of personal effects at the same rates as are admissible to an officer of equivalent rank of the Central
Government.
8. Foreign visit. - The Central Government shall be the sanctioning authority for the foreign visits of the Chairperson
and Members.
9. Leave travel concession. – (1) The Chairperson shall be entitled to Leave Travel Concession at the same rates as
are admissible to a Secretary to the Government of India.
(2) A Member shall be entitled to Leave Travel Concession at the same rates as are admissible to an officer of
equivalent rank of the Central Government.
10. House rent allowance. – The Chairperson and a Member who have opted to the pay scale of level 17 and 16,
respectively, shall be entitled to house rent allowance at the same rate as are admissible to the Central Government
officer holding a post carrying the same pay scale:
Provided that such Chairperson or a Member shall not be eligible for house rent allowance in case he is
eligible for general pool residential accommodation and occupies the Government accommodation allotted to him.
11. Conveyance.- The Chairperson and a Member who have opted to the pay scale in level 17 and 16 respectively,
shall be entitled to the facility of staff car for official journeys as are admissible to an officer of equivalent rank of the
Central Government
12. Facility for medical treatment. - The Chairperson and Member shall be entitled to medical treatment and
hospital facilities as are provided in the Central Government Health Scheme to the officers of equivalent rank of the
Central Government or where the Scheme is not available, the Chairperson and Member shall be entitled to the
medical treatment and hospital facilities under the Central Services (Medical Attendance) Rules, 1944.
13. Declaration of financial and other interests.- The Chairperson and Member shall, before entering upon his
office, declare his assets and liabilities and financial and other interests in the forms provided for Group 'A' officers of
Central Government of equivalent rank.
14. Residuary provisions. – The matters relating to the conditions of service of the Chairperson and a Member with
respect to which no express provision has been made in these rules shall be referred in each case, to the Central
Government for its decision and the decision of the Central Government thereon shall be final.
15. Power to relax rules.– Where the Central Government is of the opinion that it is necessary or expedient so to do,
it may, by an order and for the reasons to be recorded in writing, relax any of the provisions of these rules with respect
to any class or category of persons.
[F. No. A-60011/43/2023-ADR]
AJAY KUMAR ARORA, Jt. Secy.
NOTIFICATION
New Delhi, the 13th June, 2024
G.S.R. 321(E).—In exercise of the powers conferred by sub-section (2) of section 51 read with sub-section
(4) of section 32 of the Mediation Act, 2023 (32 of 2023), the Central Government hereby makes the following rules,
namely:-
1. Short title and commencement.—(1) These rules may be called the Mediation Council of India (Travelling and
other Allowances for Part-time Chairperson and Part-time Members) Rules, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Definitions.— (1) In these rules unless the context otherwise requires,-
(a) “Act" means the Mediation Act, 2023 (32 of 2023);
(b) "Council" means the Mediation Council of India established under section 31 of the Act;
(c) "Part-time Chairperson" means a Chairperson of the Council appointed on part-time basis as provided under
sub-section (2) of section 32 of the Act;
(d) "Part-time Member" means a Member of the Council appointed on part-time basis as provided under sub-
section (2) of section 32 of the Act.
(2) All other words and expressions used in these rules and not defined but defined in the Act shall have the
same meanings respectively assigned to them in the Act.
3. Monthly allowance. - (1) A Part-time Chairperson and a Part-time Member shall be entitled to receive a
consolidated sum of sixty thousand rupees per month and fifty thousand rupees per month respectively, as monthly
allowance.
Provided that no sitting fee shall be paid to a Part-time Chairperson or a Part-time Member.
4. Travelling allowance.—(1) A Part-time Chairperson and a Part-time Member, while on tour including the journey
undertaken to attend a meeting of the Council shall be entitled to travelling allowance and daily allowances as are
applicable to a Chairperson and Members of the Council respectively.
(2) The official foreign visits by a Part-time Chairperson and a Part-time Member shall be governed by the same
provisions as are applicable to a Chairperson and Member of the Council respectively.
5. Residuary matters. The matters relating to travelling and other allowances of Part-time Chairperson and Part-
time Members, with respect to which no express provision has been made in these rules, shall be referred by the
Council to the Central Government for its decision.
6. Power to relax.—Where the Central Government is of the opinion that it is necessary or expedient so to do, it may
by an order and for the reasons to be recorded in writing, relax any of the provisions of these rules with respect to any
class or category of persons.
[F. No. A-60011/43/2023-ADR]
AJAY KUMAR ARORA, Jt. Secy.
NOTIFICATION
New Delhi, the 13th June, 2024
G.S.R. 322(E).—In exercise of the powers conferred by sub-section (2) of section 51 read with sub-section
(1) of section 46 of the Mediation Act, 2023 (32 of 2023), the Central Government hereby makes the following rules,
namely:-
1. Short title and commencement.– (1) These rules may be called the Mediation Council of India (Forms and
Manner of Annual Statement of Accounts) Rules, 2024.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Definitions.- (1) In these rules, unless the context otherwise requires,-
(a) "Act" means the Mediation Act, 2023;
(b) "Council" means the Mediation Council of India established under sub-section (1) of section 31 of the
Act;
(c) "Fund" means the Fund of the Council to be maintained under section 45 of the Act;
(d) "Members" means the members of the Council appointed under section 32 of the Act;
(e) "Schedule" means the Schedule annexed to these rules;
(f) "Year" means a financial year beginning on 1st day of April and ending on 31st day of March of the
immediately following year.
(2) The words and expressions used in these rules and not defined, but defined in the Act shall have the meanings
respectively assigned to them in the Act.
3. Maintenance of accounts and records.– (1) The Council shall maintain its accounts and prepare its annual
statement of accounts, balance sheet, receipt and payment account and income and expenditure statement in the Forms
of financial statements as specified in Forms A, B and C and 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 Council along with the Schedules I to XXIII shall be authenticated by the Chief Executive Officer of
the Council or the Chairperson of the Council.
(3) The Chairperson of the Council shall forward the accounts statements as specified in sub-rule (2) 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 Council shall forward the duly audited annual statement of accounts and balance sheet of the Council as
certified by the Comptroller and Auditor General of India along with the audit report thereon for every year to the
Central Government for laying before both the Houses of Parliament.
4. Incurring of expenditure by the Council.- The Council shall follow the provisions of General Financial Rules,
2017 while incurring or authorising any expenditure.
Form - 'A'
FINANCIAL STATEMENT
[see sub rule (1) of rule 3]
Mediation Council of India
Balance Sheet as at
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| Sl. | Description | Schedule | Current | Previous |
| No. | | | Year | Year |
+=====+================================================================================+==========+===============+===============+
| (1) | (2) | (3) | (4) | (5) |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | CORPUS / CAPITAL FUND AND LIABILITIES | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| 1. | Corpus/Capital Fund | I | | |
| 2. | Reserves and Surplus | II | | |
| 3. | Earmarked/Endowment Funds | III | | |
| 4. | Secured Loans and Borrowings | IV | | |
| 5. | Unsecured Loans and Borrowings | V | | |
| 6. | Deferred Credit Liabilities | VI | | |
| 7. | Current Liabilities and Provisions | VII | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | TOTAL | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | ASSETS | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| 8. | Fixed Assets | VIII | | |
| 9. | Investments - From Earmarked/Endowment Funds | IX | | |
| 10. | Investments - Others | X | | |
| 11. | Current Assets, Loans and Advances | XI | | |
| 12. | Miscellaneous Expenditure (to the extent not written of or adjusted) | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | TOTAL | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
13. Significant Accounting Policies
XXII
14. Contingent Liabilities and Notes on Accounts
XXIII
Chief Executive Office
Mediation Council of India
Place: New Delhi.
Date:
Form 'B'
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR
[see sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| Sl. | Description | Schedule | Current | Previous |
| No. | | | Year | Year |
+=====+================================================================================+==========+===============+===============+
| (1) | (2) | (3) | (4) | (5) |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | INCOME | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| 1. | Grants/Subsidies | XII | | |
| 2. | Fees/Subscriptions | XIII | | |
| 3. | Income from Investments (Income on investment, from earmarked/endowment funds | XIV | | |
| | transferred to funds) | | | |
| 4. | Income from Royalty, Publications etc. | XV | | |
| 5. | Interest Earned | XVI | | |
| 6. | Other Income | XVII | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | TOTAL(A) | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | EXPENDITURE | Schedule | Current | Previous |
| | | | Year | Year |
+=====+================================================================================+==========+===============+===============+
| 7. | Establishment Expenses | XVIII | | |
| 8. | Other administrative expenses etc. | XIX | | |
| 9. | Expenditure on grants, subsidies etc. | XX | | |
| 10. | Interest | XXI | | |
| 11. | Depreciation (Net total at the year end corresponding to Schedule VIII) | XXII | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| | TOTAL (B) | | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
| 12. | Balance being excess of Income over Expenditure (A-B) Transfer to Special | | | |
| | Reserve (Specify each) transfer to/from General Reserve | | | |
| 13. | Balance being surplus (Deficit) carried to corpus/capital fund | | | |
| 14. | Significant accounting policies | XXII | | |
| 15. | Contingent liabilities and notes on accounts | XXIII | | |
+-----+--------------------------------------------------------------------------------+----------+---------------+---------------+
Chief Executive Office
Mediation Council of India
Place: New Delhi.
Date:
Form 'C'
RECEIPT AND PAYMENT ACCOUNTS FOR THE YEAR
[see sub-rule (1) of rule 3]
(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 | | |
| 2. | (a) Cash in hand | | | (a) Establishment expenses | | |
| 3. | (b) Bank balance | | | (b) Administrative Expenses | | |
| 4. | (i) In Current Account | | | | | |
| 5. | (ii) In Deposit Account | | | | | |
| 6. | (iii) Saving Account | | | | | |
| 7. | II. Grants received | | | II. Payment made against funds for various Projects | | |
| 8. | (a) From Government of India | | | (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. | III. Income on investment from | | | III. Investments and Deposits Made | | |
| 11. | (a) Earmarked / Endowment funds | | | (a) Out of Earmarked /Endowment funds | | |
| 12. | (b) Own funds (Investment - others) | | | (b) Out of own funds (Investment - others) | | |
| 13. | IV. Interest received | | | IV. Expenditure on Fixed Assets & Capital Work-in-Progress | | |
| 14. | On bank deposits | | | (a) Purchase of fixed Assets | | |
| 15. | (ii) Loans, advances etc. | | | (b) Expenditure on capital Work-in-progress | | |
| 16. | V. Other income (Specify) | | | V. Refund of surplus money/loans | | |
| | | | | (a) To the Government | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+--------------------------------------------------------------------------------+---------------+---------------+
of India
(b) To other providers
of funds
17. VI. Amount borrowed
VI. Finance charges (Interest)
18. VII. Any other receipts (give details)
VII. Other payments (Specify)
VIII. Closing balances
a) Cash in hand
b) Bank balances
(i) In current Accounts
(ii) In Deposit Accounts
(iii) Savings Accounts
TOTAL
TOTAL
Chief Executive Office
Mediation Council of India
Place: New Delhi.
Date:
SCHEDULE - I
[see sub rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Corpus/Capital Fund | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Balance amount as at the beginning of the year | | |
| 2. | Add: Contributions towards fund | | |
| 3. | Add/(Deduct): Balance of net income/ (expenditure) transferred from the Income | | |
| | and Expenditure Account | | |
| | Balance as at the year end | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – II
[see sub rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Reserves and Surplus | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Capital Reserve | | |
| | (a) As per last Account | | |
| | (b) Addition during the year | | |
| | (c) Less: Deductions during the year | | |
| 2. | Revaluation Reserve | | |
| | (a) As per last Account | | |
| | (b) Addition during the year | | |
| | (c) Less: Deductions during the year | | |
| 3. | Special Reserves | | |
| | (a) As per last Account | | |
| | (b) Addition during the year | | |
| | (c) Less: Deductions during the year | | |
| 4. | General Reserve | | |
| | (a) As per last Account | | |
| | (b) Addition during the year | | |
| | (c) Less: Deductions during the year | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – III
[see sub rule (1) of rule 3]
+-----+--------------------------------------------------------------------------------+-------------------+-------------------+-------------------+-------------------+---------------+---------------+
| Sl. | Earmarked/Endowment Funds | Fund Wise Break up | Totals | |
| No. | | Fund | Fund | Fund | Fund | Current | Previous |
| | | WW | XX | YY | ZZ | Year | Year |
+=====+================================================================================+===================+===================+===================+===================+===============+===============+
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (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) | | | | | | |
| | TOTAL (a + b) | | | | | | |
| 2. | (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 | | | | | | |
| | TOTAL (c) | | | | | | |
| 3. | Net balance as at the year end (a + b - c) | | | | | | |
+-----+--------------------------------------------------------------------------------+-------------------+-------------------+-------------------+-------------------+---------------+---------------+
Disclosures shall be made under relevant heads based on conditions attaching to the grants.
SCHEDULE – IV
[see sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Secured Loans and Borrowings | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Central Government | | |
| 2. | Financial institutions | | |
| | (a) Terms loans | | |
| | (b) Interest accrued and due | | |
| 3. | Banks | | |
| | (a) Term loans Interest accrued | | |
| | (b) Term loans Interest due | | |
| | (c) Other loans (specify) – Interest accrued | | |
| | (d) Other loans (specify) – Interest due | | |
| 4. | Other institutions and agencies | | |
| 5. | Debentures and bonds | | |
| 6. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note: Amounts due within one year
SCHEDULE – V
[see sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Unsecured Loans and Borrowings | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Central Government | | |
| 2. | Financial institutions | | |
| 3. | Banks | | |
| | (a) Term loans | | |
| | (b) Other loans (specify) | | |
| 4. | Other institutions and agencies | | |
| 5. | Debentures and bonds | | |
| 6. | Fixed Deposits | | |
| 7. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note: Amounts due within one year
SCHEDULE – VI
[see sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Deferred Credit Liabilities | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Acceptances secured by hypothecation of capital equipment and other assets | | |
| 2. | Others | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note: Amounts due within one year
SCHEDULE – VII
[see sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Current Liabilities and Provisions | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | A. CURRENT LIABILITIES | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Acceptances | | |
| 2. | Sundry creditors:- | | |
| | (a). For goods | | |
| | (b). Others | | |
| 3. | Advances received | | |
| 4. | Interest accrued but not due on: | | |
| | (a) Secured loans/borrowings | | |
| | (b) Unsecured loans/borrowings | | |
| 5. | Statutory liabilities: | | |
| | (a) Overdue | | |
| | (b) Others | | |
| 6. | Unutilised Grant | | |
| 7. | Other Current Liabilities* | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (A) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | B. PROVISIONS | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 8. | For taxation | | |
| 9. | Gratuity | | |
| 10. | Superannuation/Pension | | |
| 11. | Accumulated leave encashment | | |
| 12. | Trade Warranties/claims | | |
| 13. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (B) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (A+B) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note: Cost of assets on hire purchase basis included above.
* Bifurcation under this head may be made by the Mediation Council of India as and when necessitated.
SCHEDULE – VIII
[see sub-rule (1) of rule 3)
(Amount in Rs.)
+-----+-----------------------+------------+------------+---------------+------------+------------+------------+---------------+------------+---------------+---------------+
| Sl. | Fixed Assets | Gross Block | Depreciation for the year | Net Block |
| No. | | Cost at | Additions | Deductions/ | Cost | As at | Duri | Deductions/ | Total | As at | As at |
| | Description | the | during | adjustments | at the | the | ng | adjustments | up to | the | the |
| | | beginning | the year | during the | year | beginning | the | during the | the | current | previous |
| | | of the | | year | end | of the | year | year | year | year | year |
| | | year | | | | year | | | end | end | end |
+=====+=======================+============+------------+---------------+------------+------------+------------+---------------+------------+---------------+---------------+
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) |
+-----+-----------------------+------------+------------+---------------+------------+------------+------------+---------------+------------+---------------+---------------+
| 1. | A. Fixed Assets | | | | | | | | | | |
| 2. | Land | | | | | | | | | | |
| 3. | (a) Freehold | | | | | | | | | | |
| | (b) Leasehold | | | | | | | | | | |
| 4. | Buildings | | | | | | | | | | |
| 5. | (a) On Freehold Land | | | | | | | | | | |
| | (b) On Leasehold Land | | | | | | | | | | |
| | (c) Ownership | | | | | | | | | | |
| | Flat/Premises | | | | | | | | | | |
| | (d) Superstructures | | | | | | | | | | |
| | on Land not belonging | | | | | | | | | | |
| | to the entity | | | | | | | | | | |
| 6. | Plant Machinery & | | | | | | | | | | |
| | Equipment | | | | | | | | | | |
| 7. | Vehicles | | | | | | | | | | |
| 8. | Furniture & Fixture | | | | | | | | | | |
| 9. | Office Equipment | | | | | | | | | | |
| 10. | Computers/Peripherals | | | | | | | | | | |
| 11. | Electrical | | | | | | | | | | |
| | Installations | | | | | | | | | | |
| 12. | Library Books | | | | | | | | | | |
| 13. | Tube wells & Water | | | | | | | | | | |
| | Supply | | | | | | | | | | |
| 14. | Other Fixed Assets | | | | | | | | | | |
| 15. | Total of Current year | | | | | | | | | | |
| 16. | Total of previous year| | | | | | | | | | |
| 17. | B. Capital work in | | | | | | | | | | |
| | progress | | | | | | | | | | |
+-----+-----------------------+------------+------------+---------------+------------+------------+------------+---------------+------------+---------------+---------------+
| | TOTAL | | | | | | | | | | |
+-----+-----------------------+------------+------------+---------------+------------+------------+------------+---------------+------------+---------------+---------------+
Note: To be given as to cost of assets on hire purchase basis included above.
SCHEDULE – IX
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Investments from Earmarked/Endowment Funds | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | In government securities | | |
| 2. | Other approved securities | | |
| 3. | Shares | | |
| 4. | Debentures and bonds | | |
| 5. | Subsidiaries and joint ventures | | |
| 6. | Others (to be specified) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – X
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Investments – Others | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | In government securities | | |
| 2. | Other approved securities | | |
| 3. | Shares | | |
| 4. | Debentures and bonds | | |
| 5. | Subsidiaries and joint ventures | | |
| 6. | Others (to be specified) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – XI
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Current Assets, Loans, Advances etc. | Current | Previous |
| NO. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| A | Current Assets: | | |
| 1. | Debts: | | |
| | (a) Debts Outstanding for a period exceeding six months | | |
| | (b) Others | | |
| 2. | Cash balances in hand (including cheques/ drafts and imprest) | | |
| 3. | Bank Balances: | | |
| | (a) With Scheduled Banks: | | |
| | (i) In current accounts | | |
| | (ii) In deposit accounts | | |
| | (iii)In savings accounts | | |
| | (b) With Non-Scheduled Banks: | | |
| | (i) In current accounts | | |
| | (ii) In deposit accounts | | |
| | (iii) In savings accounts | | |
| 4. | Post Office - Savings Accounts | | |
| 5. | Inventories (may include Stationery, Stores etc.) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (A) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| B | Loans, Advances and Other Assets | | |
| 6. | Loans to: | | |
| | (a) Staff | | |
| | (b) Other Entities engaged in activities/ objectives similar to that of the | | |
| | entity | | |
| | (c) Other (specify) | | |
| 7. | Advance and other amount recoverable in cash or in kind or for value to be | | |
| | received: | | |
| | (a) On capital account | | |
| | (b) Prepayments | | |
| | (c) Others | | |
| 8. | Income Accrued | | |
| | (a) On investments from Earmarked/ Endowment fund | | |
| | (b) On investment - others | | |
| | (c) On loans and advances | | |
| 9. | Others (includes income due unrealized Rs. .....) | | |
| 10. | Claims Receivable | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (B) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL (A+B) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – XII
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Grants/Subsidies | Current | Previous |
| No. | (Irrevocable Grants & Subsidies Received) | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Central Government | | |
| 2. | Government agencies | | |
| 3. | Institutions/ welfare bodies | | |
| 4. | International organisations | | |
| 5. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – XIII
(See sub-rule(1) of rule 3)
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Fees | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Entrance fees | | |
| 2. | Filing fees | | |
| 3. | Seminar/ program fees | | |
| 4. | Consultancy fees | | |
| 5. | Annual fees | | |
| 6. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note - Accounting Policies towards each item are to be disclosed
SCHEDULE – XIV
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+-------------------+-------------------+
| Sl. | Income from investments | Investment from | Investment - Others |
| No. | (Income on Investment from Earmarked/ Endowment Funds transferred to Funds) | Earmarked Fund | |
| | | Current | Previous | Current | Previous |
| | | Year | Year | Year | Year |
+=====+================================================================================+===========+===========+===========+===========+
| (1) | (2) | (3) | (4) | (5) | (6) |
+-----+--------------------------------------------------------------------------------+-----------+-----------+-----------+-----------+
| 1. | Interest | | | | |
| | a) On Government securities | | | | |
| | b) Other bonds/ debentures | | | | |
| 2. | Dividends | | | | |
| | a) On shares | | | | |
| | b) On mutual fund securities | | | | |
| 3. | Rents | | | | |
| 4. | Others (Specify) | | | | |
+-----+--------------------------------------------------------------------------------+-----------+-----------+-----------+-----------+
| | TOTAL | | | | |
+-----+--------------------------------------------------------------------------------+-----------+-----------+-----------+-----------+
SCHEDULE XV
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Income from royalty, publication etc. | Current | Previous |
| NO. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Income from royalty | | |
| 2. | Income from publications | | |
| 3. | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE XVI
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Interest earned | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | On term deposits | | |
| | (a) With scheduled banks | | |
| | (b) With non - scheduled banks | | |
| | (c) With institutions | | |
| | (d) Others | | |
| 2. | On Saving Account | | |
| | (a) With Scheduled Bank | | |
| | (b) With non - scheduled banks | | |
| | (c) Post Office savings Accounts | | |
| | (d) Others | | |
| 3. | On Loans | | |
| | (a) Employees/Staff | | |
| | (b) Others | | |
| 4. | Interest on debtors and other receivables | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note - Tax deducted at source to be indicated
SCHEDULE – XVII
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Other Income | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | Profit on sale/disposal of assets | | |
| | (a) Owned assets | | |
| | (b) Assets acquired out of grants, or received free of cost | | |
| 2. | Fees for miscellaneous services | | |
| 3. | Miscellaneous income | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE XVIII
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Establishment expenses | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| a) | Salaries and wages | | |
| b) | Allowances and bonus | | |
| c) | Contribution to provident fund | | |
| d) | Contribution to other fund (specify) | | |
| e) | Staff welfare expenses | | |
| f) | Expenses on employees' retirement and terminal benefits | | |
| g) | Others (Specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE XIX
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Other administrative expenses | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| (a) | Purchases | | |
| (b) | Labour and processing expenses | | |
| (c) | Cartage and Carriage Inwards | | |
| (d) | Electricity and power | | |
| (e) | Water charges | | |
| (f) | Insurance | | |
| (g) | Repairs and maintenance | | |
| (h) | Rent, rates and taxes | | |
| (i) | Vehicles running, maintenance or hiring charges | | |
| (j) | Postage, telephone and communication charges | | |
| (k) | Printing and stationery | | |
| (1) | Travelling and conveyance expenses | | |
| (m) | Expenses on seminar/ workshops | | |
| (n) | Subscription expenses | | |
| (o) | Expenses of fee | | |
| (p) | Auditors remuneration/ legal fee | | |
| (q) | Hospitality expenses | | |
| (r) | Professional charges | | |
| (s) | Provision for bad and doubtful debts/advance | | |
| (t) | Irrecoverable balances written -off | | |
| (u) | Packing charges | | |
| (v) | Freight and forwarding expenses | | |
| (w) | Distribution expenses | | |
| (x) | Advertisement and publicity | | |
| (y) | Others (to be specified) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE XX
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Expenditure on grants, subsidies etc. | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| (a) | Grants given to institutions/ organisations | | |
| (b) | Subsidies given to institutions/organisations | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
Note: Name of the Entities, their Activities along with the amount of Grants/ subsidies are to be disclosed.
SCHEDULE XXI
[See sub-rule (1) of rule 3]
(Amount in Rs.)
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| Sl. | Interest | Current | Previous |
| No. | | Year | Year |
+=====+================================================================================+===============+===============+
| (1) | (2) | (3) | (4) |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| 1. | On fixed loans | | |
| 2. | On other loans (including Bank Charges) | | |
| 3. | Others (specify) | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
| | TOTAL | | |
+-----+--------------------------------------------------------------------------------+---------------+---------------+
SCHEDULE – XXII
[See sub-rule (1) of rule 3]
SIGNIFICANT ACCOUNTING POLICIES
1. Accounting convention The financial statements are prepared on the basis of historical cost convention, unless
otherwise stated and on the accrual method of accounting.
2. Investments (1) Investments classified as "long term investments" are carried at cost and provision for decline,
other than temporary, is made in carrying cost of such investments.
(2) Investments classified as "Current" are carried at lower of cost and fair value and provision for shortfall on the
value of such investments is made for each investment considered individually and not on a global basis.
(3) Cost includes acquisition expenses like brokerage, transfer stamps.
3. Fixed assets (1) Fixed Assets are stated at cost of acquisition inclusive of inward freight, duties and taxes and
incidental and direct expenses related to acquisition. In respect of projects involving construction, related pre-
operational expenses (including interest on loans for specific project prior to its completion), form part of the
value of the assets capitalized.
(2) Fixed Assets received by way of non-monetary grants, (other than towards the Corpus Fund), are capitalized
at values stated, by corresponding credit to Capital Reserve.
4. Depreciation (1) Depreciation is provided on written down value as per rates specified in the Income-tax Act,
1961 except depreciation on cost adjustments arising on account of conversion of foreign currency liabilities for
acquisition of fixed assets, which is amortized over the residual life of the respective assets.
(2) In respect of additions to/deductions from fixed assets during the year, depreciation is considered on pro-rata
basis.
(3) Assets consisting Rs. 5,000 or less each are fully provided.
5. Miscellaneous expenditure Deferred revenue expenditure is written off over a period of five years from the
year it is incurred.
6. Accounting for sales Sales include excise duty and are net of sales returns, rebate and trade discount.
7. Government grants/subsidies (1) Government grants of the nature of contribution towards capital cost of
setting up projects are treated as Capital Reserve.
(2) Grants in respect of specific fixed assets acquired are shown as a deduction from the cost of the related assets.
(3) Government grants/subsidy are accounted on realization basis.
8. Foreign currency transactions (1) Transactions denominated in foreign currency are accounted at the
exchange rate prevailing at the date of the transaction.
(2) Current assets, foreign currency loans and current liabilities are converted at the exchange rate prevailing as at
the year end and the resultant gain or loss is adjusted to cost of fixed assets, if the foreign currency liability related
to fixed assets, and in other cases is considered to revenue.
9. Lease Lease rentals are expensed with reference to lease terms.
10. Retirement benefits (1) Liability towards gratuity payable on death or retirement of employees is accrued
based on actuarial valuation.
(2) Provision for accumulated leave encashment benefit to the employees is accrued and computed on the
assumption that employees are entitled to receive the benefit as at each year end.
SCHEDULE – XXIII
[See sub-rule (1) of rule 3]
CONTINGENT LIABILITIES AND NOTES ON ACCOUNTS
1. Contingent Liabilities
(1) Claims against the entity not acknowledged as debts - Rs. ________ (Previous year Rs. ________).
(2) In respect of:-
Bank guarantees given by/on behalf of the Entity -Rs. ________ (Previous year Rs. ________).
Letters of Credit opened by Bank on behalf of the Entity -Rs. ________ (Previous year Rs. ________).
Bills discounted with banks Rs. ________ (Previous year Rs. ________).
(3) Disputed demands in respect of:
Income-tax Rs. ________ (Previous Year Rs. ________).
Goods and Services Tax Rs. ________ (Previous Year Rs. ________).
Municipal Taxes Rs. ________ (Previous Year Rs. ________).
(4) In respect of claims from parties for non-execution of orders, but contested by the Entity - Rs. ________ (Previous
year Rs. ________).
2. Capital Commitments
Estimated value of contracts remaining to be executed on capital account and not provided for (net of advances) Rs.
________ (Previous year Rs. ________).
3. Lease Obligations
Future obligations for rentals under finance lease arrangements for plant and machinery amount to
Rs. ________ (Previous Year Rs. ________).
4. Current Assets, Loans and Advances
In the opinion of the Management, the current assets, loans and advances have a value on realization in the ordinary
course of business, equal at least to the aggregate amount shown in the Balance Sheet.
5. Taxation
In view of there being no taxable income under Income-tax Act 1961 (43 of 1961), no provision for Income tax has
been considered necessary.
6. Foreign Currency Transactions
(1) Value of Imports calculated on Cost, Insurance & Freight basis:
(a) Purchase of finished goods
(b) Raw materials & components (Including in transit)
(c) Capital goods
(d) Stores, spares and consumables
(2) Expenditure in foreign currency:
(a) Travel
(b) Remittances and interest payment to financial institutions/ banks in foreign currency
(c) Other expenditure:
(i) Commission on sales
(ii) Legal and professional expenses
(iii) Miscellaneous expenses
(3) Earnings:
(4) Remuneration to auditors: As auditors:
(a) Taxation matters
(b) For management services
(c) For certification
(d) Others
7. Corresponding figures for the previous year have to be regrouped/ rearranged, wherever necessary.
8. Schedules I to XXIII are annexed to and form an integral part of the Balance Sheet as at ________ and
the Income and Expenditure Account for the year ended on that date.
[F.No. A-60011/43/2023-ADR]
AJAY KUMAR ARORA, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
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