 

Type of Litigation

Actions by statutory or regulatory authorities
Direct and indirect tax proceedings
Total

Litigation involving our Subsidiaries
Criminal proceedings
Material civil litigation
Actions by statutory or regulatory authorities
Direct and indirect tax proceedings
Total

Litigation involving our Directors

Criminal proceedings

Material civil litigation

Actions by statutory or regulatory authorities

Direct and indirect tax proceedings

Total

Litigation involving our Group Companies
Outstanding litigation which may have a material impact on the
Company

Number of cases Amount*

(in million)

0.10

 

* To the extent quantifiable.

For further details of the outstanding litigation proceedings,

Developments” on page 325.

Risk Factors

Please see “Risk Factors” beginning on page 22.
Summary of Contingent Liabilities of our Company

A summary of our contingent liabilities as on December
Information is as follows:

see “Outstanding Litigation and Other Material

31, 2020 as indicated in our Restated Financial

(in million)

 

Particulars

Claims against the company not acknowledged as debt:
- Excise
- VAT*
- Service tax
- GST*
- Income tax
- Stamp duty
Sales Bill Discounting

As of December 31,
2020

0.69
ol
6.72
4.33
176.79
5.62

 

* includes € 0.68 million of Joint Venture
# includes & 0.78 million of Joint Venture

For details, see “Financial Statements — Note 44 - Contingent Liabilities and Capital Commitments” on page

279.

Summary of Related Party Transactions

A summary of related party transactions entered into by our Company with related parties are as follows:

(in million)

 

Transactions during Nature of Relationship Nine months Fiscal
the period / year ended 2020 2019 2018
ended December 31,
2020
Purchase of Goods & Subsidiaries 4.00 16.91 24.42 20.79
Services Carl Stahl Craftsman 8.76 15.13 18.93 31.40
Enterprises Private Limited
MC Craftsman Machinery 4.18 11.08 14.84 10.34

Private Limited

 

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