Empanelment for Due Diligence process of Advances with Central Bank of India

CENTRAL BANK OF INDIA
CREDIT MONITORING & POLICY DEPARTMENT
CENTRAL OFFICE, 15 Floor, CHANDERMUKHI,
NARIMAN POINT, MUMBAI. 400021

NOTICE

Central Bank of India invites applications from interested External Agencies from reputed firms of Chartered Accountants (CAs) and Company Secretaries (CSs) or CAs / CSs in their individual capacity for empanelment for Due Diligence process of Advances.

The Eligibility criteria may be downloaded from the link.

The duly filled in application forms alongwith supporting documents should reach at the respective Zonal Offices on or before 11.06.2021 before 5.00 p.m.

The applicants have to apply online by submitting scanned application form alongwith supporting documents to respective email of the concerned Zonal Office.

No hard copies shall be entertained at any of our offices.

For further clarifications please contact Nodal Officers at respective Zonal Office as per detail given alongwith this Notice.

The decision of the Bank will be final and binding on all the parties in respect of terms and conditions and selection process.

DETAILS OF OUR ZONAL OFFICES

S#	Name of the Zone and Address	Contact Person, Designation, Mobile No, Landline No	Command Area	Two Official Mail IDs for sending application and other supporting documents
1	Ahmedabad Central bank Builiding 9th Floor, Zonal Office Lal Darwaza Ahmedabad- 380001	Mr Gunjan Gattani, Chief Manager, MOB-8239452548 079-71786071	Gujarat and Daman Diu DNH(UT)	creditahmezo@centralbank.co.in cmdahmezo@centralbank.co.in
2	Bhopal Address: Central Bank of India, Zonal Office, 9 Arera Hill, Jail Road, Bhopal. 462011	Mr. Peeyush Dhadse. Senior Manager. Credit Monitoring Dept. 08348887128 0755-2570237	Madhya Pradesh & Chattisgarh	creditbhopzo@centralbank.co.in rmdbhopzo@centralbank.co.in
3	Chennai Central Bank of India.Zonal office 3rd floor, 48/49 Montieth Road Egmore Chennai, Tamil Nadu Pincode-600008	Shri Rajesh Verma, Asst. General Manager, Cont no. 8486023373 Shri Ankush Agrawal, Chief Manager, Cont no 6374711230, Land line no. 04428883107	Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana	creditmonchenzo@centralbank.co.in agm1chenzo@centralbank.co.in
4	Chandigarh Zone Office, SCO 58-59, Bank Square, Sector 17-B Chandigarh	Sh K.R. Yadav, AGM Mobile no- 7833901002 0172- 5035909	Punjab, Haryana, Himachal Pradesh, Chandigarh, Jammu & Kashmir, Ladakh.	creditchanzo@centralbank.co.in creditmonchanzo@centralbank.co.in
5	Delhi Zonal Office, Plot No 4, Block- 54, Sorabji Bhawan, Deshbandhu, Gupta Road, Karol Bhagh, New Delhi. 110005	Sh. Shiv Shankar, AGM. & Mob-09766212299	Delhi NCR, Uttarakhand, Rajasthan.	creditmondelhzo@centralbank.co.in creditdelhzo@centralbank.co.in
6	Kolkata Zonal Office, Kolkata, 33, N. S. Road, Kolkata. 700001	Mr. Indranil Kundu, Chief Manager. 7738988965 033-22305086	West Bengal, Sikkim, Odisha, Assam, Andaman & Nicobar, Arunachal Pradesh, Tripura, Mizoram, Nagaland, Manipur, Meghalaya	agmcreditkolzo@centralbank.co.in cmcreditmonkolzo@centralbank.co.in
7	Lucknow Zonal Office, 1st Fl, Central Bank of India Bldg, 73,Hajratganj, Lucknow 226001	Sh. S.S.Sahay Asst General Manager, 8303716066 0522-2611301	Uttar Pradesh, ( excluding Ghaziabad,,Gautam Buddha Nagar Districts)	creditmonluckzo@centralbank.co.in agm1luckzo@centralbank.co.in
8	Mumbai- Mumbai Metro Zonal Office, 346, Standard Bldg, D,N Road, Fort, Mumbai 400001	Biswanath Sarangi, Assistant General Manger, 9619288031, 022-40345825	Four Regions – South Mumbai Regional Office, Mumbai Suburban Regional Office & Thane which are in Maharashtra & entire Goa state.	agmmmzo@centralbank.co.in creditmonmmzo@centralbank.co.in
9	Patna -Zonal Office Patna, Block ‘B’ 2nd floor, Mauryalok Complex, Dak Bunglow Road Patna, Bihar 800001	Mr Rakesh Raushan, Senior Manager, 9801136051, 0612-2221669	Bihar & Jharkhand	creditpatnazo@centralbank.co.in, agm1patnzo@centralbank.co.in
10	Pune – Zonal Office Pune. 317 Mahatma Gandhi Road, ( 1st floor) Pune 411001 Maharashtra	Suresh Salian Asst General Manager Mobile 9607038889 Land line 020 26053590	Maharashtra Excluding area under Mumbai Zone	dgmpunezo@centralbank.co.in agmrecvpunezo@centralbank.co.in

Annexure-I

EMPANELMENT OF CONSULTANTS for Due Diligence process of Advances

Eligibility criteria for Empanelment of Consultants

1. Scope of Services Required:

i. Verification of Income Tax Returns (with the consent of parties)- Screen shots of filed returns have to be provided.

ii. Verification of GST returns (with the consent of parties) (quarterly, half yearly & yearly returns)- Screen shots of filed returns along with computation of income have to be provided.

iii. Verification of wealth tax returns (with the consent of parties, applicable for loans of ₹ 25 crore and above)- Screen shots of filed returns have to be provided.

iv. Submission of Due diligence report of companies in terms of RBI guidelines

v. Verification of Share holding pattern of limited companies

vi. Verification of existing charges with ROC

vii. Pending litigations against the entities / promoters

vii. Verification of suppliers of Machinery (domestic)

2. Experience:

Reputed Firms of Chartered Accounts/ Company Secretary or CAs/ CSs in individual capacity

The firm / company should consist of Chartered Accountants/ Company Secretary with minimum 5 years’ practicing experience.

CA/ CS or at least one partner / director of the firm / company should possess certificate issued by ICAI for GST qualified practitioner.

The key personal, CA/ CS/ partners / directors should not be employed partly / permanently with any organisation.

3 Area of Work:

Based on the spread of offices / skilled man power of the firm / company, the area can be finalised by the Field General Manager, Zonal Office looking to the number of qualified partners/ directors & number of offices. In case the firm is having multiple offices outside the Zone and eligible to work outside the Zone, then empanelment of such entities shall be done PAN India.

4. Professional Fees to be paid to External Agencies:

• Loans up to ₹ 5 crore

0.02 % of the loan amount subject to a minimum of ₹ 2000 and a maximum amount

of ₹ 5000!- per proposal, based on the volume of work assigned.

• Loans above ₹5 crore

0.01 % of the loan amount subject to a minimum of ₹ 5000 and a maximum amount

of ₹ 20000!- per proposal

For proposals of ₹ 100 crore and above, Zonal Offices can sanction higher charges considering the volume of assigned work, subject to a maximum of ₹ 50,000!-

The empaneled agency has to submit the entire information required for the proposal as given among the scope of work given above (as applicable) so as to be eligible for payment.

5. Documents to be submitted alongwith application by External Agencies:

1. Registration with the appropriate Professional Statutory Bodies. (Of the firm & all individual members )

2. Certificate issued by ICAI for GST qualified practitioner

3. Memorandum & Articles of Association for company / Partnership Deed (as applicable)

4. Audited Balance sheets for the last three years.

5. Income Tax return of CA/CS for the last three years (if applied by them in individual capacity).

6. Other documents supporting expertise.

7. Registrations with professional bodies/organizations.

8. Letters of empanelment from other banks/financial Institutions.

9. CV of all key personnel, including that of technical experts

10. Proposed area of operation (substantiate with the manpower and other infrastructure available.

6. Validity of empanelment

The empanelment will be for a period of 3 years subject to review of the performance annually. In case of de-panelment / black listing of any empanelled entities due to any reason during the period, the procedure as envisaged in IBA guidelines on Third Party Entities (TPE) shall be followed.

Six months before expiry of the period, our Zonal Offices shall initiate process for fresh empanelment of the External Agencies and shall complete the process well before the expiry of empanelment period, so as to have continuity.

7. DISCLAIMER:

Mere empanelment with Central Bank of India does not in any way guarantee assignment of work to external Agencies during the period of empanelment.

Bank may at its sole discretion alter, add or delete any of the terms and conditions for empanelment as deemed fit. The decision of the Bank will be final and binding on the external Agencies.

The external Agency should undertake that the information/data/documents furnished/submitted by him / her/ them are true and correct to the best of his / her / their knowledge and belief.

8. CONFIDENTIALITY:

The external Agencies should undertake to maintain confidentiality of customer’s information even after the contract expires or gets terminated.