| FORM NL-3-B-BS | 
    
    
      | Name    of the Insurer:  GENERAL INSURANCE CORPORATION OF    INDIA    | 
    
    
      | Registration    No.  112 | 
    
    
      | Date    of  Registration with the IRDAI : 2nd April, 2001 | 
    
    
      | BALANCE    SHEET  AS AT 30 September     2016 | 
      ( . IN 000) | 
    
    
      | Sl. No. | 
      PARTICULARS | 
      SCHEDULE | 
      As at    30.09.2016 | 
      As at    30.09.2015 | 
    
    
      |   | 
      SOURCES OF    FUNDS | 
        | 
        | 
        | 
    
    
      |   | 
      SHARE    CAPITAL | 
      NL-8-Share Capital Schedule | 
      4300 000 | 
      4300 000 | 
    
    
      |   | 
      SHARE APPLICATION MONEY PENDING ALLOTMENT | 
       | 
        | 
        | 
    
    
      |   | 
      RESERVES AND SURPLUS | 
      NL-10-Reserves and Surplus    Schedule | 
      161455 349 | 
      145343 494 | 
    
    
      |   | 
      Deferred Tax Liability | 
       | 
       0 | 
       0 | 
    
    
      |   | 
      FAIR VALUE CHANGE ACCOUNT | 
       | 
      281945 182 | 
      254875 210 | 
    
    
      |   | 
      BORROWINGS | 
      NL-11-Borrowings Schedule | 
       0 | 
       0 | 
    
    
      |   | 
      TOTAL | 
       | 
      447700 531 | 
      404518 704 | 
    
    
      |   | 
      APPLICATION    OF FUNDS | 
        | 
        | 
        | 
    
    
      |   | 
      INVESTMENTS | 
      NL-12-Investment Schedule | 
      606134 827 | 
      547094 393 | 
    
    
      |   | 
      LOANS | 
      NL-13-Loans Schedule | 
      3410 347 | 
      3683 897 | 
    
    
      |   | 
      FIXED ASSETS | 
      NL-14-Fixed Assets Schedule | 
      1658 666 | 
      1348 497 | 
    
    
      |   | 
      DEFERRED TAX ASSET | 
       | 
      24 304 | 
      174 677 | 
    
    
      |   | 
      CURRENT ASSETS | 
       | 
        | 
        | 
    
    
      |   | 
      Cash and Bank Balances | 
      NL-15-Cash and bank balance    Schedule | 
      92815 270 | 
      82442 953 | 
    
    
      |   | 
      Advances and Other Assets | 
      NL-16-Advancxes and Other    Assets Schedule | 
      152109 169 | 
      93317 675 | 
    
    
      |   | 
      Sub-Total (A) | 
       | 
      244924 439 | 
      175760 628 | 
    
    
      |   | 
      CURRENT LIABILITIES | 
      NL-17-Current Liabilities    Schedule | 
      275878 609 | 
      238184 238 | 
    
    
      |   | 
      PROVISIONS | 
      NL-18-Provisions Schedule | 
      132573 444 | 
      85359 150 | 
    
    
      |   | 
      DEFERRED TAX LIABILITY | 
        | 
        | 
        | 
    
    
      |   | 
      Sub-Total (B) | 
        | 
      408452 053 | 
      323543 388 | 
    
    
      |   | 
      NET CURRENT    ASSETS (C) = (A - B) | 
        | 
      -163527 613 | 
      -147782 760 | 
    
    
      |   | 
      MISCELLANEOUS EXPENDITURE (to    the extent not written off or adjusted) | 
      NL-19-Miscellaneous    Expenditure Schedule | 
        | 
        | 
    
    
      |   | 
      DEBIT BALANCE IN PROFIT AND    LOSS ACCOUNT | 
        | 
        | 
        | 
    
    
      |   | 
      TOTAL | 
        | 
      447700 531 | 
      404518 704 | 
    
   
    
      | CONTINGENT    LIABILITIES | 
     
    
    
      | Sl. No. | 
      Particulars | 
        | 
      As at    30.06.2016 | 
      As at    30.06.2015 | 
    
    
      |   | 
        | 
        | 
      (Rs.’000) | 
      (Rs.’000) | 
    
    
      | 1 | 
      Partly paid-up investments | 
        | 
        | 
        | 
    
    
      | 2 | 
      Claims, other than against    policies, not acknowledged as debts by the company | 
       | 
      11 000 | 
      11 000 | 
    
    
      | 3 | 
      Underwriting commitments    outstanding (in respect of shares and securities) | 
       | 
        | 
        | 
    
    
      | 4 | 
      Guarantees given by or on    behalf of the Company | 
       | 
      10607 018 | 
      8352 709 | 
    
    
      | 5 | 
      Statutory demands/    liabilities in dispute, not provided for | 
       | 
      17027 139 | 
      22496 974 | 
    
    
      | 6 | 
      Reinsurance obligations to    the extent not provided for in accounts | 
       | 
        | 
        | 
    
    
      | 7 | 
      Others (to be specified) | 
       | 
        | 
        | 
    
    
      |   | 
      TOTAL | 
        | 
      27645 157 | 
      30860 683 |