FORM NL-17-CURRENT LIABILITIES SCHEDULE

      

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

      

CURRENT LIABILITIES

      
   

(Rs. in '000)

      
 

Particulars

As at 31.03.2020

As at 31.03.2019

      

1

Agents’ Balances

        

1

Balances due to other insurance companies

36161 784

37665 457

      

2

Deposits held on re-insurance ceded

8567 451

8822 217

      

4

Premiums received in advance

        

5

Unallocated Premium

        

3

Sundry creditors

579 881

1181 976

      

7

Service tax liability

 0

 0

      

4

Claims Outstanding

573317 067

455317 296

      

9

Due to Officers/ Directors

        

5

LPA Liabilities

 0

 0

      

6

GST Liabilities

480 397

5036 890

      

7

VAT Liability Dubai

20 567

 0

      
 

TOTAL

619127 147

508023 836