†††††† Date: 28.03.2011

††††††††††††††††††††††† ††††††††††††††††††††††† ††††††††††††††††††††††† ††††††††††††††††††††††† †††††

 

NOTICE

 

Further to our notice dated 17th March,2011 regarding submission of Networth by all active trading members of the Exchange , as on 30th September,2010, it is hereby informed that the last date of submission of Networth certificate along with the calculation sheet, is 31st March,2011. All active trading members take note that any delay in submission of Networth will attract a fine of Rs.100/- per day of delay subject to maximum of Rs.10,000/-. Management may take necessary action for delay in submission for more than 100 days.

 

Format of Networth certificate along with calculation sheet is enclosed

 

†††††††††††††††††††††††††††††††††††††††††††††††††††††

†††††††††††††† Tilak Bakshi

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††Executive Membership

 


 

 

Format for calculation of net worth for an individual, partnership & corporate firm

 

 

 

Sl. No

Particulars

Rs.

Rs.

Rs.

 

Listed (Quoted) Investments ( Not pledge)

 

 

 

1

Market value of listed (quoted) securities(other than Government )in the name of member(forming part of the Balance Sheet)

X

 

 

2

Margin of 30% on Market value of listed (quoted ) securities ( other than Government)i.e. 30% of 2

X

 

 

3

Net value of listed ( quoted) Investments ( other than Government i.e. 1-2

 

X

 

4

Bond / Government Securities Not Pledged)

X

 

 

5

Market value of listed ( quoted) securities (Government) in the name of member (forming part of the Balance Sheet)

X

 

 

6

Margin of 10% of5 on Market value of listed ( quoted) securities ( Government) i.e. 10% of6

X

 

 

7

Net value of listed ( quoted) Investments ( Government) i.e. 5-6

 

X

 

8

Other Investment at Cost

 

X

 

9

Fixed deposits (Other than deposited to CSE including membership Card)

 

X

 

10

Public provident Fund (50 % of the investment pro- videdid it is more than three years standing)

 

X

 

11

Total Net investments ( 3+7+9+10)

 

 

X

12

Receivables which are less than 3 months old

 

 

X

13

Loans, Advances and Deposits

 

 

X

14

Deposits excluding non-refundable deposits

 

 

X

15

Cash & Bank Balance

 

 

X

16

Other Liquid Assets, if any ( specify), which are used for the purpose of Business

 

 

X

17

TOTAL ASSETS (11+12+13+14+15+16)

 

 

X

18

Current Liabilities

 

X

 

19

Long Term Liabilities

 

X

 

20

TOTAL LIABILITIES (18+19)

 

 

X

21

NET WORTH (17-20)

 

 

X

 

 

 

 

 

 

 

 

 

 

 

Format for calculation of net worth for an individual, partnership & corporate firm

 

 

Capital + Free Reserves

Less: Non-allowable assets viz.,

(a)   Fixed Assets

(b)   Pledged Securities

(c)    Memberís Card

(d)   Non-allowable Securities ( unlisted securities)

(e)   Bad deliveries

(f)     Doubtful Debts and Advances*

(g)   Prepaid expenses, losses

(h)   Intangible Assets

(i)     30% of Marketable securities

 

 

Explanation:

Includes debts/advances overdue for more than three months or given to associates.