81 annual report st 2019-2020 - imppa

81 ANNUAL REPORT2019-2020

st

MEMBERS OF THE

EXECUTIVE COMMITTEE OF IMPPA

2019 - 2020

PRIME CLASS

1. Shri T.P. Aggarwal : President, IMPPA2. Shri Haresh Patel : Vice President, IMPPA3. Shri Surendra Verma Alias Tinu Verma : Vice President, IMPPA 4. Shri Satish Shivappa Poojary : Hon. Treasurer, IMPPA 5. Shri Jai Prakash Shaw : Hon. Treasurer, FMC6. Ms. Aarti Patel7. Shri Abhay Kumar Sinha8. Shri Atul P. Patel9. Shri Pradeep Singh10. Shri Nishant Ujjwal (Co-opted on 3-5-2020 under Article 28)

ASSOCIATE CLASS - I

11. Shri Mehul Kumar : Sr. Vice President, IMPPA (resigned on 4-11-2019) 12. Shri Mahendra Dhariwal : Joint Secretary, IMPPA13. Ms. Sushama Shiromanee : Hon. Gen. Secretary, FMC14. Shri Rakesh Nath ‘Rikku’15. Shri Ashoke Pandit 16. Shri Darshan Bagga (Co-opted on 3-5-2020 under Article 28)

T.V. PROGRAMME PRODUCERS

17. Shri Babu Bhai Thiba 18. Shri Manish Jain

AUDITOR

M/s S.G. Kabra & Co., Chartered Accountants

HON. PRESIDENT’S MESSAGE

Dear Members,

I am very pleased to inform all esteemed IMPPA members that with their co-operation and support my team of Office Bearers and Executive Committee members have been able to ensure that IMPPA besides being the largest and oldest association of film producers in India is amongst the most respected associa-tions whose members can rely on IMPPA whenever they are in any kind of difficulty or need any help for solving any dispute besides prompt and efficient service in terms of grant of Membership, registration of Titles and also for the 1st time provision of relief to all needy members at the time of severe financial crisis due to Covid 19 virus.

I am proud to say that during the past year despite the massive disruption caused by Lockdown due to Covid 19 virus, besides regular work we have been able to do lot of work for the benefit of IMPPA members some of which I would like to mention which include; (a) During the period 2019-2020 we have granted 854 normal membership and 144 life membership as well as registered approx. 12360 titles belonging to the members of IMPPA; (b) IMPPA Welfare Trust is providing financial help to all mem-bers and has also provided emergency relief up to Rs 9000/- each in three installments to all genuinely needy members during the Lockdown due to Covid 19 virus from the IMPPA Welfare Trust in addition to which Rs 11 lakhs were donated to FWICE for providing relief to the members of their affiliates; (c) IMPPA has provided emergency medical aid directly in name of the hospital to all members who have approached it in times of medical emergency; (d) IMPPA has renewed the Accidental insurance policy which now covers each and every member of IMPPA who are all now eligible for making claims in case of accidents; (e) IMPPA has obtained favourable order from the Bombay High Court in the matter of CBFC circular making separate censor certificate mandatory for Sub-titles in every language which order now has been nullified; (f) IMPPA has got the Maharashtra Government order banning persons above the age of 65 years from working on sets in the entertainment industry quashed & nullified by the Bom-bay High Court providing relief to all Senior Citizens; (g) IMPPA has seriously taken up with FWICE the matter regarding their falsely claiming to have 5 lakh members & 32 affiliates whereas IMPPA has proved to them that they have less than 50,000 members & 20 affiliates and they have unilaterally created the new affiliates which are not acceptable to IMPPA and other producers association and FWICE has been asked to disaffiliate these unauthorized affiliates; (h) IMPPA is the only association which has 2 self owned office premises in Mumbai i.e. in Bandra & Andheri; (i) IMPPA is the only association which has its own Home Theatre for screening films of its members at minimum rates.

Besides the above I, am very proud to declare that the financial position of the association is very good and we are now planning to purchase new property which will result in regular income to enable us to give more benefits to our members. I am very grateful to all my fellow Office Bearers and Executive Commit-tee members as well as all members at large and staff because without their whole hearted support and co-operation the above would not have been possible. The future is really bright for the entertainment industry and I and my entire team look forward to serving the interest of our members in future also.

(T.P. Aggarwal) Hon. President

PRESIDENT’S MESSAGE

Dear Members,

I am very pleased to inform all esteemed IMPPA members that with their co-operation and support my team of Office Bearers and Executive Committee members have been able to achieve remarkable results in all areas in our tenure from 2015-2018 and today IMPPA besides being the largest and oldest association of film producers in India is amongst the most respected associations whose members can rely on IMPPA whenever they are in any kind of difficulty or need any help for solving any dispute besides prompt and efficient service in terms of grant of Membership as also registration of Title.

I am proud to say that during the period under review we have been able to achieve many things which are detailed in the enclosed Annual Report but some of which I would like to mention which include a) installation of software for sending messages related to Membership & Title to all members; b) updated IMPPA website for making forms & procedures available for members; c) started online payment & card swipe machine (credit & debit); d) started new office of IMPPA in Ahmadabad for providing services to members; e) started IMPPA Digital YouTube channel for members; f) started luxurious Home Theatre; g) accidental insurance policy for members; h) insurance for office premises; i) implemented Free Trade for employment; j) filed cases against FWICE in Competition Commission of India, Bombay City Civil Court and Bombay High Court; k) appointed Shri Ashok Saraogi for providing free legal assistance; l) settled and passed Awards in many dispute matters; m) the only association who has its 2 self owned office premises in Mumbai i.e. in Bandra & Andheri.

Besides the above I, am very proud to declare that the financial position of the association is very good after clearing all banks loans, Service Tax payments, starting of Home Theatre without any loan and we have made many Fixed Deposit for IMPPA Welfare Trust for which I am very grateful to all my fellow Office Bearers and Executive Committee members as well as all members at large because without their whole hearted support and co-operation the above would not have been possible. The future is really bright for the entertainment industry and I and my entire team look forward to serving the interest of our members in future also.

(T.P. Aggarwal)President

1

1

Indian Motion Picture Producers’AssociationG-1 to G-7. Crescent Tower, Near Morya House,

Opp. VIP Plaza,Off Link Road, Andheri (West), Mumbai – 400 053.

EIGHTY FIRST ANNUAL REPORT FOR THE YEAR 2019-2020

Friends,

Your Committee has pleasure in presenting this 81stAnnual Report of Indian Motion Picture Producers’ Association (IMPPA) along with the Audited Balance Sheet and Statement of Accounts for the year ended 31st March 2020. Subjects dealt with by the Committee being of varied and important nature, have been grouped under different heads.

EIGHTIETH ANNUAL GENERAL MEETING

The 80th Annual General Meeting of the Association was held on Saturday, the 28th September 2019 at 11:00 a.m. at Raheja Classique Club, Behind Infinity Mall, Link Road, Andheri (W), Mumbai – 400 053. The following members continue to be members of the Executive Committee for the year 2018-2021.

PRIME MEMBERS

1. Shri T.P. Aggarwal2. Miss Aarti Patel3. Shri Jai Prakash Shaw4. Shri Satish Shivappa Poojary 5. Shri Abhay Kumar Sinha6. Shri Haresh G. Patel7. Shri Atul P. Patel8. Shri Pradeep Singh9. Shri Surendra Verma alias TinuVerma10. Miss J. Neelam (suspended from EC in 2nd EC meeting) 11. Shri Manoj Chaturvedi (suspended from EC in 2nd EC meeting)12. Shri Raju Bhatt (suspended from EC in 2nd EC meeting)13. Shri Anil Naryani (suspended from EC in 2nd EC meeting)14. Miss Sapna Goyal (suspended from EC in 2nd EC meeting)15. Shri Vijay Kumar Yadav (suspended from EC in 2nd EC meeting)

ASSOCIATE CLASS-I MEMBERS

1. Shri Rakesh Nath ‘Rikku’2. Shri Mahendra Dhariwal3. Miss Sushama Shiromanee4. Shri Ashoke Pandit5. Shri Mehul Kumar (resigned on 4-11-19)

T. V. PROGRAMME PRODUCERS

1. Shri Babubhai Thiba 2. Shri Manish Jain

2

The Executive Committee in its meeting held on 28th September 2019, elected Shri T.P. Aggarwal - President, Shri Mehul Kumar - Sr. Vice President (resigned on 4-11-2019), Shri Haresh Patel - Vice President, Shri Surendra Verma alias Tinu Verma - Vice President, Shri Satish Shivappa Poojary - Hon. Treasurer, Ms. J. Neelam - Hon. Gen. Secretary (suspended from EC in 2nd EC meeting on 2-1-2020) & Shri Mahendra Dhariwal - Joint Secretary as Office Bearers for the year 2018-2021. The Executive Committee decided to Co-opt. Shri Nishant Ujjwal and Shri Darshan Bagga (Co-opted on 3rd May 2020 under Article 28).

The Executive Committee in its 2nd EC meeting dt. 2-1-2020 by majority decided to suspend Mr. Manoj Chaturvedi, Mr. Raju Bhatt, Mr. Anil Naryani, Mr. Vijay Kumar Yadav, Ms. J. Neelam and Ms. Sapna Goyal from the Executive Committee on the basis of electoral fraud & cheating with IMPPA by submitting Censor Certificate of films for being eligible to contest in Prime category without having produced the said film for proof of production of which they were repeatedly asked to submit documents & evidence that they had indeed produced the film on the basis of which they were claiming to be eligible to stand in Prime category. Instead of producing the evidence which was in their own possession the concerned committee members did not even bother to present the evidence before the Enquiry Officer appointed by IMPPA for conducting the said enquiry & instead moved the City Civil Court against the action of IMPPA appointing Enquiry Officer & asking court to stay the enquiry but no relief was granted by the City Civil Court. The Enquiry Officer conducted full enquiry & submitted specific report that the said committee members Mr. Manoj Chaturvedi, Mr. Raju Bhatt, Mr. Anil Naryani, Mr. Vijay Kumar Yadav, Ms. J. Neelam and Ms. Sapna Goyal had indeed not produced the film claimed by them & were thus not eligible to continue as Executive Committee member elected from Prime Category. The concerned members moved Bombay High Court & National Company Law Tribunal against order of the City Civil Court but did not get any relief from anywhere & were therefore suspended from the Executive Committee for committing electoral fraud & cheating with IMPPA and subsequently the Executive Committee unanimously resolved that Mr. Manoj Chaturvedi, Mr. Raju Bhatt, Mr. Anil Naryani, Mr. Vijay Kumar Yadav, Ms. J. Neelam and Ms. Sapna Goyal will not be eligible to contest any future election under any banner because of act of electoral fraud & cheating till the courts of law take a final decision in the matter.

During the tenure 2019-2020 – 13 (Thirteen) meetings of the Executive Committee were held till 31st August 2020. The Statement of attendance in these meetings of the Executive Committee of our Association is as follows:-

Name of the Executive No of Meetings Committee Members attended. ------------------------- ------------------------1. Shri T.P. Aggarwal 132. Shri Haresh G. Patel 123. Shri Surendra Verma alias TinuVerma 104. Shri Satish Shivappa Poojary 125. Shri MahendraDhariwal 066. Ms SushamaShiromanee 137. Shri Jai Prakash Shaw 138. Shri BabubhaiThiba 139. Shri Rakesh Nath ‘Rikku’ 1010. Ms Aarti Patel 1111. Shri Abhay Kumar Sinha 1212. Shri Ashoke Pandit 0713. Shri Manish Jain 12

3

14. Shri Atul P. Patel 1115. Shri Pradeep Singh 0916. Shri Nishant Ujjwal - (Co-opted on 3rd May 2020 under Article 28) 0317. Shri Darshan Bagga - (Co-opted on 3rd May 2020 under Article 28) 04

INTRODUCTION

We are proud to declare that IMPPA has a totally selfless dedicated, committed and dynamic team at the helm of affairs of IMPPA, which for the present term is consisting of Shri T.P. Aggarwal – President & Chairman of FMC, Shri Haresh Patel - Vice President, Surendra Verma alias TinuVerma - Vice President, Shri Satish Shivappa Poojary - Hon. Treasurer & Shri Mahendra Dhariwal - Joint Secretary, Sushama Shiromanee (Hon. Gen. Secretary, FMC), Jai Prakash Shaw (Hon. Treasurer, FMC), along with Hon’ble Executive Committee members Rakesh Nath ‘Rikku’, Babubhai Thiba, Abhay Kumar Sinha, Aarti Patel, Ashoke Pandit, Manish Jain, Atul Patel, Pradeep Singh, Nishant Ujjwal & Darshan Bagga (Co-opted on 3rd May 2020 under Article 28) who all collectively fulfilled the requirements of members by rising to the occasion whenever needed.

IMPPA is the only association amongst all producers associations in Mumbai which has 2 office prem-ises in Bandra (W) & Andheri (W) where it is having its own Home Theatre for screening films of its members at minimum rates in its Sophisticated Corporate office in Andheri (W) which is the heart of the Indian Entertainment Industry.

Subsequently, in order to facilitate and streamline the functioning of the Association efficiently and ef-fectively, following Sub-Committees were formed to take care of various activities of the Association as follows:-

VARIOUS SUB-COMMITTEES

I. Sub-Committeeof OfficeAdministration,Maintenance&Purchase

Shri T.P. Aggarwal - ConvenorShri Ashoke Pandit Ms. Sushama ShiromaneeShri Jai Prakash ShawShri Babubhai ThibaShri Rakesh Nath ‘Rikku’Shri Abhay Kumar SinhaMs. Aarti PatelShri Manish JainShri Atul P. PatelShri Pradeep SinghShri Haresh G. Patel (Ex-Officio)Shri Surendra Verma alias Tinu Verma ( ‘’ )Shri Satish Poojary ( ‘’ )Shri Mahendra Dhariwal ( ‘’ ) II.Sub-CommitteeforMembershipScrutiny&Guidance

Shri T.P. Aggarwal - ConvenorShri Ashoke Pandit

4

Shri Babubhai ThibaMs. Sushama ShiromaneeShri Jai Prakash ShawShri Abhay Kumar SinhaMs. Aarti PatelShri Rakesh Nath ‘Rikku’Shri Manish JainShri Atul P. PatelShri Pradeep SinghShri Haresh G. Patel (Ex-Officio)Shri Surendra Verma alias Tinu Verma ( ‘’ )Shri Satish Poojary ( ‘’ )Shri Mahendra Dhariwal ( ‘’ ) III. Sub-Committee of Arbitration Tribunal Committee Shri T.P. Aggarwal - ConvenorShri Haresh PatelShri Surendra Verma alias Tinu VermaShri Satish PoojaryMs. Sushama ShiromaneeShri Mahendra DhariwalShri Jai Prakash ShawShri Babubhai ThibaShri Rakesh Nath ‘Rikku’Shri Abhay Kumar SinhaShri Manish Jain IV. Trustees of IMPPA Welfare Trust

Shri T. P. Aggarwal - Managing TrusteeShri Haresh PatelShri Surendra Verma alias Tinu VermaShri Satish PoojaryShri Mahendra DhariwalMs Sushama ShiromaneeShri Jai Prakash ShawShri Abhay Kumar SinhaShri Ashoke PanditShri Manish Jain

V. EmergencyMedicalAidCommittee

Shri T.P. Aggarwal Shri Haresh G. PatelShri Surendra Verma alias Tinu VermaShri Satish PoojaryShri Mahendra DhariwalMs. Sushama Shiromanee

5

Shri Jai Prakash ShawShri Babubhai ThibaShri Rakesh Nath ‘Rikku’Shri Abhay Kumar SinhaMs. Aarti PatelShri Ashoke PanditShri Manish JainShri Atul P. PatelShri Pradeep Singh

IMPPA NOMINEES FOR FFI

Shri T.P. AggarwalShri Haresh PatelShri Surendra Verma alias Tinu Verma Shri Abhay Kumar SinhaShri Manish Jain

FMC NOMINEES FOR FFI

Ms. Sushama Shiromanee

IMPPA NOMINEES FOR CHAMPP

Shri T.P. Aggarwal (Chairman) IMPPA NOMINEES FOR FMC

Shri T.P. Aggarwal (Chairman)Ms. Sushama Shiromanee (Hon. Gen. Secretary)Shri Jai Prakash Shaw (Hon. Treasurer)

IMPPA NOMINEES FOR FMC TITLE COMMITTEE

Shri T.P. Aggarwal (Chairman)Ms. Sushama Shiromanee (Hon. Gen. Secretary)Shri Jai Prakash Shaw (Hon. Treasurer)Shri Haresh PatelShri Surendra Verma alias Tinu VermaShri Satish Shivappa PoojaryShri Mahendra DhariwalShri Babubhai ThibaShri Rakesh Nath ‘Rikku’Shri Abhay Kumar SinhaMs. Aarti PatelShri Atul PatelShri Ashoke PanditShri Pradeep SinghShri Manish Jain

6

VARIOUS OTHER ACTIVITIES DURING THE YEAR

Achievementsof theExecutiveCommitteefortheyear2019-2020

1. This period has been one of significant success for IMPPA in the Bombay High Court as we have won the case filed by us against CBFC challenging the notice issued by CBFC Chairman making it mandatory to obtain separate certificate for Sub-titles in all languages for new & already certified films which would have resulted in heavy complications, cost increase & harassment for the producers & we are happy to declare that the said circular of CBFC-Chairman has been dismissed by the High Court thereby saving & protecting our members to a large extent thanks to our Legal Consultant Advocate Ashok M. Saraogi.

2. Another very big success achieved by IMPPA in Bombay High Court is to get the order of Maharash-tra Government banning the persons above 65 years age from working and coming on sets quashed and set aside by Hon. Bombay High Court on the appeal by IMPPA where once again our Legal Consultant Advocate Ashok M. Saraogi deserves kudos & appreciation of all senior citizens for whom IMPPA has made life easier.

3. IMPPA was also successful in City Civil Court; Bombay High Court as well as National Company Law Tribunal where also Advocate Ashok M. Saraogi successfully defended IMPPA against the cases filed by suspended Executive Committee members making baseless allegations against IMPPA & till date their cases remains pending and no order has been passed against IMPPA in any of the cases.

4. The committee is also proud to declare that in spite of total curfew & lock down imposed by the Government of India & Maharashtra due to Covid 19 virus the committee has been able to keep the show going for which the committee is very grateful to concerned staff members who have worked very hard in these difficult & trying times due to whose efforts the committee was able to extend financial help to our members from IMPPA Welfare Trust in the month of May & June 2020 as number of our members were undergoing massive financial difficulties & though at first committee decided to distribute ration to all such needy members it was subsequently decided that distributing ration was not practically and logistically possible & hence it was decided to directly deposit relief of Rs. 3,000/- each directly into the account of needy members who filled Google forms for this purpose. Though it was initially only for the month of May 20 subsequently considering that there were members who were not able to pay subscription for many years but were really needy & in bad shape the forms were circulated again in the month of June & July 20 and the relief of up to Rs. 9,000/- in three installments was directly deposited again in the account of those who applied & the committee considers it a proud privilege to be able to help its members who were in need due to the unprecedented financial crisis caused by Covid 19 virus. To help film artists, technicians and workers, IMPPA also donated Rs 11 lakhs to FWICE for distribution to needy members of their affiliates.

5. The committee is pleased to inform that we have renewed the Group Personal Accidental Policy of Rs. 1 lakh each for all the members of IMPPA who will now be eligible for making claims in case of ac-cidents.

6. During the period under review the committee was surprised to note that FWICE which had only 20 affiliates in 2018 had suddenly without approval of any producers association increased the number to 32 affiliates even though number of affiliates had disaffiliated themselves like CINTAA, IFTDA, SWA, IFTCA and many others but duplicate unions were made in their place & new affiliates were created without any information & behind the back of producers body which was objected to by us & though they have agreed that they have indeed made these additional affiliates but they have not taken any action to rectify the matter for which our committee has decided to take further action.

7

HomeTheatre

IMPPA is successfully running for the benefit of its members a Luxurious well equipped Home Theatre in its office premises which contains the following:- 37 Luxurious push back seats, Silver Screen 16x8, Dolby Atmos 11.2 system, Modern Digital Cinema powered by Qube and supports the following formats MOV (MP4), Blue Ray, Hard Disc, Hard Drive, Pen Drive, DCP 1080 (EMPG 2) and DVD. IMPPA has kept very reasonable rates for its member’s i.e. Rs. 6,500/- + Service tax for 2 ½ film, for 3 hour film Rs. 9,000/- + Service tax and for films of shorter length charges will be Rs. 3,000/- + Service Tax per hour. Members can also book the Home Theatre for Press Conference, Music release, Trailer release or any other function at the above mentioned rates. The Home Theatre is also available for screening films of Non Members at Rs. 10,000/- + Service tax for 2 ½ film and for 3 hour film Rs. 13,000/- + Service tax.

Financial Position

The Financial status of the Association continues to be robust. The Committee has taken all steps for minimizing the expenses and maximizing the revenue. As a result of the Committees’ initiatives for the growth of revenues the financial position of the Association is very comfortable.

IMPPABandraofficeonlease

It is a matter of pride that IMPPA is the only producer’s association in Mumbai to have 2 self owned office premises in Mumbai and since our Andheri (West) office is more than sufficient for our working requirements our Bandra office premises known as IMPPA House at Dr. Ambedkar Road, Near Pali Naka, Bandra (W), Mumbai – 400 050 has been given on lease to our member Mr. R. Balki of M/s Hope Production renowned film maker who has fully renovated and rejuvenated the entire premises and are operating from there.

CentralBoardof FilmCertification

Central Board of Film Certification had fixed a meeting on 6th August 2020 with Mr. Ravinder Bharkar CEO CBFC & Mr. Tushar Karmarkar Regional Officer with all stake holders for streamlining online applications & clearance which was attended by IMPPA representatives where discussion was fruitful.

CompetitionCommissionof India

In continuation to its order dt. 31-10-2017 the CCI on appeal of contempt of its order by FWICE passed another order on 26-5-2020 which had specifically directed FWICE to issue communication to all their affiliates as well as producers / associations withdrawing their letters dt. 29-3-18 & 26-11-18 in which FWICE had informed and reiterated FWICE’s rules and regulations regarding their being the sole body having member to member working arrangement with all producers and also levying penalty / punish-ment to ensure compliance of their rules on anyone employing non-members which retraction FWICE should have themselves circulated, advertised and publicized as per the CCI order but had not done so.

Matters in FFI

The Committee is very happy to report that various matters relating to Governments were taken up through Film Federation of India where your Committee is represented by Hon. President - Shri T.P. Aggarwal, Vice President - Shri Haresh Patel, Vice President - Shri TinuVerma alias Surendra Verma & E.C. members Shri Abhay Kumar Sinha & Shri Manish Jain.

8

Membership

During the year under review IMPPA has granted Normal membership to as many as 854 applicants and Life Membership to 144 applicants. Application forms and Rules & Regulations of membership have been made available on the IMPPA website www.imppa.info.

Title Registration

During the year under review, Title Registration Committee of FMC has registered approx. 12360 titles belonging to the members of IMPPA. We have taken steps to make application forms for title registration and renewal available on the IMPPA website www.imppa.info.

GroupPersonalAccidentalInsurancepolicyforIMPPAmembers

During the year IMPPA has renewed Group Personal Accidental Insurance policy taken from M/s Oriental Insurance Co. Ltd. further for period 2020-2021 for all the members of IMPPA.

Covid19InsurancepolicyforStaff members

During the year due to spread of Covid 19 virus IMPPA has taken Covid 19 insurance policy for period 8th July 2020 – 7th July 2021 for all the staff members.

LegalAdviceFacilities

IMPPA has been giving free legal advice to its members. Any member who is in need of legal advice or assistance may call upon the office of IMPPA by prior appointment for meeting with the Legal Advisor Shri R. C. Singh (Advocate) and can also meet our Legal Consultant Shri Ashok Saraogi (Advocate High Court) who is available every Saturday between 4 – 5 p.m. by prior appointment.

IMPPAremainsthefirstAssociationfacilitatingTrademark&Copyrightregistra-tion for its members.

In these days it is very essential to safeguard the creative and intellectual property rights to protect the producer members and the members of IMPPA are having the facility of registering the copyright / trademark of their titles, story, script, literary work, audio songs etc, through IMPPA. During the year IMPPA has helped various members register their above mentioned works through M/s Consulta Legal who have been appointed as IMPPA’s Consultant for doing this work.

IMPPA Welfare Trust

IMPPA Welfare Trust continues to extend financial aid to those who approach the Trust for monetary assistance and the committee is happy to state that the Trust has been helpful to many members who were in need of funds to undergo even life saving medical treatment and any member facing any medical emergency can approach the trust for immediate help. We are happy to declare that IMPPA Welfare Trust has been able to help members who even have applied for relief during the Covid 19 virus.

Court Matters

In addition to various cases filed for and against IMPPA in the current year various cases were filed

9

against IMPPA by Mr. Vinod Chhabra i.e. C.C. No. 435/SS/2018 in Metropolitan Magistrate, 66th Court Andheri; (b) S.C. Suit No. 2705 of 2018 ; S.C. Suit No.3257 of 2018 & S.C. Suit No. 8048 of 2018 in City Civil Court Dindoshi as well as case filed by Mr. Abhay Kumar Sinha & Mr. Raju Bhatt against IMPPA and Babubhai Thiba S.C. Suit No. 3247 of 2018 in the City Civil Court – Dindoshi which cases are in progress.

IMPPA in the current year is facing cases filed by Mr. Manoj Chaturvedi, Mr. Raju Bhatt, Mr. Anil Nary-ani, Mr. Vijay Kumar Yadav, Ms. J. Neelam and Ms. Sapna Goyal V/s IMPPA & IMPPA had filed case against Central Board of Film Certification & Government of Maharashtra.

FUTURE

With the advancement of technology the film as well as television and entertainment industry is changing every day and film has given way to digital media and even exploitation and exhibition has changed from prints to digital exhibition and besides television content most producers are today producing web series, short films & documentaries for various online platforms. Your Association, IMPPA will always play a key role in maintaining the creative and commercial balance between the new mediums, i.e. films, television, web series and internet for digital exploitation on various platforms like Netflix, Hot Star, Sony Liv, Alt Balaji, Amazon and various other platforms. It is note worthy that the name of IMPPA itself includes films, television, web series and all other entertainment based content as all these contents are based on motion pictures i.e. picture of things in motion which is why the name of Indian Motion Picture Producers’ Association includes all activities of entertainment industry.

Though the present looks bleak we are sure entertainment knows no boundaries and with development of new technology the sky is the limit for which IMPPA will be always available for the benefit of all members.

OBITURY

The Committee places on record its profound sorrow on the sad demise of the following personalities during the year under review. Imtiaz Khan Veteran Actor & DirectorRishi Kapoor Veteran ActorBasu Chatterjee Director & ScreenwriterDhananjay Mishra Music DirectorAnwar Sagar LyricistIrrfan Khan ActorSushant Singh Rajput ActorNimmi Veteran ActressYogesh LyricistWajid Khan Music DirectorKulmeetMakkar CEO FTP Guild of IndiaSaroj Khan ChoreographerJadeep Veteran ActorMammohan Mahapatra DirectorPandhuri Juker Makeup ArtistTapas Paul Bengali ActorKishori Ballal ActressRajeev Kumar ProducerShaji Thilakan Actor

10

Shriram Lagoo ActorVinay Kumar Sinha Producer & Ex-Committee member of IMPPAAnil Suri ProducerNaraindas Makhija FinancerAmar Singh Politician / ActorKum Kum Veteran ActressLeena Daru Dress DesignerMadam Pal LyricistGirish Karnad Actor, Director & ProducerShyam Ramsay Producer & DirectorRaju Mavani Producer & DirectorChampak Jain ProducerGita Siddharth ActressRajindra Singh (Aatish) WriterHarish Shah ProducerR K Sethi DistributorR R Pathak Film PublicistChandraprakash Verma Producer

LAST WORD

Under the able and capable leadership of Shri T.P. Aggarwal, President IMPPA has achieved tremendous growth and progress which is also due to the fact that the team consisting of the members of the Executive Committee is always available and ready for sorting out grievances of members as and when they arise. Your Committee is always working to ensure that it can do more things in the future for the benefit of the members.

At the outset the Committee expresses its deep sense of gratitude to all its members for their valued co-operation and assistance extended to the Association. The Committee also thanks the auditors, press and electronic media for their valued co-operation. The Committee also appreciates the services rendered by the members and staff of IMPPA and FMC.

Your Committee is also thankful to the entire Executive Committee of Film Makers Combine, Chamber of Motion Picture Producers, Western India Film Producers Association, The Film & Television Producers Guild of India, Indian Film and TV Producers Council, Akhil Bhartiya Marathi Chirapat Mahamandal, A.S.A.P, Film Federation of India, Federation of Western India Cine Employees, and Indian Film & TV Directors’ Association for their co-operation in all matters.

The Committee looks forward for the co-operation of all members and affiliated associations in strengthening IMPPA.

For and on behalf of the Executive Committee.

Sd/- Sd/- (ANIL NAGRATH) (T. P. AGGARWAL) SECRETARY PRESIDENTMumbaiDated : 1st September 2020

11

INDEPENDENT AUDITORS’ REPORT

To

The Members of INDIAN MOTION PICTURE PRODUCTION ‘ASSOCIATION Report on the audit of the financial statements

Opinion

We have audited the accompanying financial statements of INDIAN MOTION PICTURE PRODUCTION ‘ASSOCIATION(“the Company”), which comprise the balance sheet as at March 31, 2020, and the Statement of Profit and Loss for the year then ended, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the information required by the Companies Act, 2013 (‘Act’) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2020 and its Profit for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the standards on auditing specified under section 143 (10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the code of ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the code of ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Reporting of key audit matters as per SA 701, Key Audit Matters are not applicable to the Company as it is an unlisted company.

INDEPENDENT AUDITORS’ REPORT

ToTheMembersof INDIANMOTIONPICTUREPRODUCERS‘ASSOCIATION

Reportontheauditof thefinancialstatements

Opinion

We have audited the accompanying financial statements of INDIAN MOTION PICTURE PRODUCERS‘ ASSOCIATION (“the Company”), which comprise the balance sheet as at March 31, 2020, and the Statement of Profit and Loss for the year then ended, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the information required by the Companies Act, 2013 (‘Act’) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2020 and its Profit for the year ended on that date.

Basisforopinion

We conducted our audit in accordance with the standards on auditing specified under section 143 (10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the code of ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the code of ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Keyauditmatters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Reporting of key audit matters as per SA 701, Key Audit Matters are not applicable to the Company as it is an unlisted company.

12

Informationotherthanthefinancialstatementsandauditors’reportthereon

The Company’s board of directors is responsible for the preparation of the other information. The other information comprises the information included in the Board’s Report including Annexures to Board’s Report, Business Responsibility Report but does not include the financial statements and our auditor’s report thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the standalone financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information; we are required to report that fact. We have nothing to report in this regard.

Management’sresponsibilityforthefinancialstatements

The Company’s board of directors are responsible for the matters stated in section 134 (5) of the Act with respect to the preparation of these financial statements that give a true and fair view of the financial position and financial performance of the Company in accordance with the accounting principles generally accepted in India, including the accounting standards specified under section 133 of the Act. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statement that give a true and fair view and are free from material misstatement, whether due to fraud orerror.

In preparing the financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The board of directors is also responsible for overseeing the Company’s financial reporting process.

Auditor’sresponsibilitiesfortheauditof thefinancialstatements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

13

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:= Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.= Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls system in place and the operating effectiveness of such controls.= Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.= Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.= Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Reportonotherlegalandregulatoryrequirements

The provisions of the Companies (Auditor’s Report) Order, 2016 (“the Order”), issued by the Central Government of India in terms of sub-section (11) of section 143 of the Companies Act, 2013 is not applicable.

As required by Section 143(3) of the Act, we report that:(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit;

(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books;

14

(c) The balance sheet and the statement of profit and loss dealt with by this report are in agreement with the books of account;

(d) In our opinion, the aforesaid financial statements comply with the accounting standards specified under section 133 of the Act, read with rule 7 of the Companies (Accounts) Rules, 2014;

(e) On the basis of the written representations received from the directors as on March 31, 2020 taken on record by the board of directors, none of the directors is disqualified as on March 31, 2020 from being appointed as a director in terms of Section 164 (2) of the Act;

(f) Since the Company’s turnover as per last audited financial statements is less than Rs.50 Crores and its borrowings from banks and financial institutions at any time during the year is less than Rs.25 Crores, the Company is exempted from getting an audit opinion with respect to the adequacy of the internal financial controls over financial reporting of the company and the operating effectiveness of such controls vide notification dated June 13, 2017; and (g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us;

a. The Company does not have any pending litigations which would impact its financialposition;

b. The Company did not have any long-term contracts including derivative contracts for whichthere were any material foreseeable losses; and

c. There were no amounts which were required to be transferred to the Investor Education andProtection Fund by the Company.

Yours Faithfully,M/sS.G.KABRA&Co.Chartered AccountantsFRN - 104507W

CA S. G. KABRAPartnerMembership No. 038867

Place: MumbaiDate : 31.08.2020UDIN: 20038867AAAABG6516




(f) Since the Company’s turnover as per last audited financial statements is less than Rs.50 Crores and its borrowings from banks and financial institutions at any time during the year is less than Rs.25 Crores, the Company is exempted from getting an audit opinion with respect to the adequacy of the internal financial controls over financial reporting of the company and the operating effectiveness of such controls vide notification dated June 13, 2017; and

(g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us;

a. The Company does not have any pending litigations which would impact its financial position;

b. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses; and

c. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.

Date : 31.08.2020

UDIN: 20038867AAAABG6516




(f) Since the Company’s turnover as per last audited financial statements is less than Rs.50 Crores and its borrowings from banks and financial institutions at any time during the year is less than Rs.25 Crores, the Company is exempted from getting an audit opinion with respect to the adequacy of the internal financial controls over financial reporting of the company and the operating effectiveness of such controls vide notification dated June 13, 2017; and

(g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us;

a. The Company does not have any pending litigations which would impact its financial position;

b. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses; and

c. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.

Date : 31.08.2020

UDIN: 20038867AAAABG6516

15

NOTE.NO AS AT 31ST MARCH, 2020 AS AT 31ST MARCH, 2019

A EQUITY AND LIABILITIES

1 MEMBERS FUNDS(a) Corpus Fund 1 9,63,96,042 8,38,17,352 (b) Reserves and surplus 2 72,67,505 2,84,180

3 CURRENT LIABILITIES(a) Other Current Liabilities 3 48,89,473 53,86,874

TOTAL 10,85,53,020 8,94,88,406B ASSETS

1 NON-CURRENT ASSETS(a) Fixed assets

(i) Tangible assets 4 7,83,26,754 7,88,51,055 (b) Long-term loans and advances 5 43,222 42,462

2 CURRENT ASSETS(c) Trade receivables 6 24,27,044 12,71,922 (d) Cash and cash equivalents 7 2,62,68,289 79,11,207 (f) Other current assets 8 14,87,711 14,11,760

TOTAL 10,85,53,020 8,94,88,406

In terms of our report attached.

For S.G.KABRA & CO. FOR INDIAN MOTION PICTURE PRODUCERS' ASSOCIATIONChartered AccountantsF.R.No.104507W

(S.G.KABRA)PartnerMEMBERSHIP NO. 038867

Place : Mumbai Date : 31/08/2020UDIN: 20038867AAAABG6516

Shri.T.P.Aggarwal Hon.PresideShri.Manish Jain MemberShri. Ashoke Pandit Member Shri.Jai Prakash Shaw MemberMs. Sushama Shiromanee Member Shri.Abhay Kumar Sinha MemberShri.Babu Bhai Thiba Member Shri.Nishant Ujjwal MemberShri.Satish Poojary Hon.Treasu Shri.Darshan Bagga MemberShri.Surendra Verma Hon. Vice P Shri.Aarti Patel MemberShri.Mahendra Dhariwal Hon. Joint SShri.Anil Nagrath Hon.Secretary

See accompanying notes forming part of the financial statements.

BALANCE SHEET AS AT 31ST MARCH, 2020

INDIAN MOTION PICTURE PRODUCERS' ASSOCIATION

PARTICULARS

(CIN:U92100MH1938NPL002842)

NOTE.NO AS AT 31ST MARCH, 2020


1 MEMBERS FUNDS(a) Corpus Fund 1 9,63,96,042(b) Reserves and surplus 2 72,67,505

3 CURRENT LIABILITIES(a) Other Current Liabilities 3 48,89,473

TOTAL 10,85,53,020B ASSETS


(i) Tangible assets 4 7,83,26,754(b) Long-term loans and advances 5 43,222

2 CURRENT ASSETS(c) Trade receivables 6 24,27,044(d) Cash and cash equivalents 7 2,62,68,289(f) Other current assets 8 14,87,711

TOTAL 10,85,53,020



(S.G.KABRA)PartnerMEMBERSHIP NO. 038867 Place : Mumbai Date : 31/08/2020UDIN: 20038867AAAABG6516

Shri.T.P.Aggarwal Hon.President Shri.Manish JainShri. Ashoke Pandit Member Shri.Jai Prakash ShawMs. Sushama Shiromanee Member Shri.Abhay Kumar SinhaShri.Babu Bhai Thiba Member Shri.Nishant UjjwalShri.Satish Poojary Hon.Treasurer Shri.Darshan BaggaShri.Surendra Verma Hon. Vice President Shri.Aarti PatelShri.Mahendra Dhariwal Hon. Joint Secretary Shri.Anil Nagrath




PARTICULARS

(CIN:U92100MH1938NPL002842)NOTE.NO AS AT 31ST MARCH, 2020


1 MEMBERS FUNDS(a) Corpus Fund 1 9,63,96,042(b) Reserves and surplus 2 72,67,505

3 CURRENT LIABILITIES(a) Other Current Liabilities 3 48,89,473

TOTAL 10,85,53,020B ASSETS


(i) Tangible assets 4 7,83,26,754(b) Long-term loans and advances 5 43,222

2 CURRENT ASSETS(c) Trade receivables 6 24,27,044(d) Cash and cash equivalents 7 2,62,68,289(f) Other current assets 8 14,87,711

TOTAL 10,85,53,020



(S.G.KABRA)PartnerMEMBERSHIP NO. 038867 Place : Mumbai Date : 31/08/2020UDIN: 20038867AAAABG6516

Shri.T.P.Aggarwal Hon.President Shri.Manish JainShri. Ashoke Pandit Member Shri.Jai Prakash ShawMs. Sushama Shiromanee Member Shri.Abhay Kumar SinhaShri.Babu Bhai Thiba Member Shri.Nishant UjjwalShri.Satish Poojary Hon.Treasurer Shri.Darshan BaggaShri.Surendra Verma Hon. Vice President Shri.Aarti PatelShri.Mahendra Dhariwal Hon. Joint Secretary Shri.Anil Nagrath




PARTICULARS

(CIN:U92100MH1938NPL002842)

S.G.Kabra

MEMBERSHIP NO.038867 Place : Mumbai Date : 31/08/2020 UDIN: 20038867AAAABG6516

Shri.T.P.Aggarwal Hon.President Shri.Surendra Verma Hon. Vice PresidentShri.Satish Poojary Hon.Treasurer Shri.Mahendra Dhariwal Hon. Joint SecretaryMs. Sushama Shiromanee Member Shri.Jai Prakash Shaw MemberShri.Babu Bhai Thiba Member Shri.Abhay Kumar Sinha MemberShri. Ashoke Pandit Member Shri.Aarti Patel MemberShri.Manish Jain Member Shri.Nishant Ujjwal MemberShri.Darshan Bagga Member Shri.Anil Nagrath Secretary

Partner

16

PARTICULARS NOTE NO. 2019-2020 2018-2019

I. Other Income 9 2,21,08,766 2,11,68,303

Total Revenue 2,21,08,766 2,11,68,303II. Expenses:Employee benefit expense 10 48,03,146 41,31,991Depreciation and amortization expense 4 5,31,081 5,96,136Other expenses 11 97,91,214 1,21,87,141

Total Expenses 1,51,25,441 1,69,15,268

Profit / Loss for the year (I - II) 69,83,325 42,53,035

IV.Surplus/(Deficit) for the period t/f to B/S 69,83,325 42,53,035


S.G.Kabra


Shri.T.P.Aggarwal Hon.President Shri.Manish Jain MemberShri. Ashoke Pandit Member Shri.Jai Prakash Shaw MemberMs. Sushama Shiromanee Member Shri.Abhay Kumar Sinha MemberShri.Babu Bhai Thiba Member Shri.Nishant Ujjwal MemberShri.Satish Poojary Hon.Treasurer Shri.Darshan Bagga MemberShri.Surendra Verma Hon. Vice President Shri.Aarti Patel MemberShri.Mahendra Dhariwal Hon. Joint Secretary Shri.Anil Nagrath Hon.Secretary

(CIN:U92100MH1938NPL002842)STATEMENT OF INCOME & EXPENDITURE FOR THE YEAR ENDED 31ST MARCH,2020


PartnerS.G.Kabra


Shri.T.P.Aggarwal Hon.President Shri.Surendra Verma Hon. Vice PresidentShri.Satish Poojary Hon.Treasurer Shri.Mahendra Dhariwal Hon. Joint SecretaryMs. Sushama Shiromanee Member Shri.Jai Prakash Shaw MemberShri.Babu Bhai Thiba Member Shri.Abhay Kumar Sinha MemberShri. Ashoke Pandit Member Shri.Aarti Patel MemberShri.Manish Jain Member Shri.Nishant Ujjwal MemberShri.Darshan Bagga Member Shri.Anil Nagrath Secretary

Partner

17

2019-20 2018-19Note No.1 Corpus Fund

a) Balance B/d 5,28,92,212 4,49,80,612 Add: Members admission fees 77,23,690 79,11,600

6,06,15,902 5,28,92,212

b) Life Membership : Balance b/d 3,09,25,140 2,66,34,225 Add: During the year 48,55,000 42,90,915

3,57,80,140 3,09,25,140

Total Corpus Fund (a+b) 9,63,96,042 8,38,17,352

Note No.2 Reserve & Surplusa) IMPPA Golden Jubilee Fund 22,23,281 22,23,281 b) IMPPA Piracy Vigilance Forum 16,27,147 16,27,147

38,50,428 38,50,429

c) Income & Expenditure Balances b/d (35,66,248) (78,19,283) Add : Surplus as per I & E a/c 69 83 325 42 53 035

INDIAN MOTION PICTURE PRODUCERS' ASSOCIATIONNotes forming part of the financial statements

Add : Surplus as per I & E a/c 69,83,325 42,53,03534,17,077 (35,66,248)

Total (a+b+c) 72,67,505 2,84,180

Note No.3 Other Current Liabilities & ProvisionsProvisions 48,600 65,327 IWT Corpus Fund 25,218 25,218 Members Subscription received in advance 16,96,267 17,10,921New Members application pending 10,01,973 10,01,973 Security Deposit 18,00,000 18,00,000 Tax Payable 2,35,165 6,31,674 Sundry Creditors 82,250 1,51,761

48,89,473 53,86,874 Note No. 5 Long Term Loans & Advances

Deposits & AdvancesElectricity Deposit 38,500 37,740 Telephone Deposit 4,722 4,722

43,222 42,462

18

2019-20 2018-19

Note No. 6 Trade ReceivableMember Outstanding subscriptionMore than Six Month 1,60,618 1,60,618

a) 1,60,618 1,60,618 OTHER BOOK DEBTSIMPPA Welfare Trust (Tel. receivable) 89,145 57,981 Film Makers Combine 10,57,968 5,24,229 CHAMPP (Tel. Receivable) 1,56,897 1,16,678 I.W.T Contribution 9,62,416 4,12,416

b) 22,66,425 11,11,304

Total (a+b) 24,27,044 12,71,922

Note No.7 Cash & Cash EquivalentsCash In Hand 3,67,659 44,164


Cash In Hand 3,67,659 44,164Petty Cash 56,698 34,634 SBI-Current A/c 10,78,147 5,09,036 P & S Current A/c 10,85,864 8,92,182 Samata Sahakari Bank 1,37,915 2,77,488 SBI FD 2,35,42,006 61,53,704

2,62,68,289 79,11,207

Note No.8 Other Current Assets

1 TDS2011-12 - 86,916 2013-14 - 9,797 2014-15 - 38,800 TDS On Rent 16-17 - 45,000 TDS Receivable - 9,525 TDS 17-18 - 5,26,230 TDS 18-19 6,20,884 6,20,884 TDF-19-20 7,29,471 -

13,50,355 13,37,152

2 Prepaid Expenses 1,37,356 74,608 1,37,356 74,608

Total (1+2) 14,87,711 14,11,760

19

Note No. 9 Other Income 2019-20 2018-19Members SubscriptionAnnual subscription 35,67,600 37,49,065 Additional Subscription 1,15,33,095 1,13,03,762 Interest on Bank FD 9,87,009 2,86,816 Miscellaneous Income 67,562 1,58,660 Rent Received from Bandra Office 59,53,500 56,70,000

2,21,08,766 2,11,68,303 Note No.10 Employee Benefit Expense

Employee Renumeration 42,77,379 37,66,517


Employee Renumeration 42,77,379 37,66,517Contribution to employee's PF 3,27,672 2,57,938 Staff Welfare 1,98,095 1,07,537

48,03,146 41,31,991 Note No.11 Other Expenses

Annual Maintence- AMC 3,29,608 28,541 Audit Fees 48,600 47,200 Bad Debts - 5,21,959 Bank Charges 44,528 33,276 Brokerage & Registration - 5,500 Conveyance Allowance (EC Member ) 6,77,000 10,88,282 Copyright Exp 1,83,400 2,43,300 Digital Expenses - 2,10,000 Donation - 25,000 Electricity Charges 2,16,650 2,52,800 Hotel Lodging & Boarding 3,80,505 23,600 IGST Paid FY 17-18 - 28,881 Insurance 2,82,170 1,01,781 Interest On TDS 3,400 11 Legal & Professional Fees 15,43,606 12,08,600 Meeting Expenses (Including AGM & Election) 2,36,565 15,48,448 Misc Exp 1 07 563Misc.Exp - 1,07,563Newspaper & Periodicals 5,183 5,132 Office Exp 2,07,440 3,20,953 Postage & telegram 2,38,570 2,55,476 Printing & Stationary 4,04,487 6,62,951 Professional fee to secreatry (Mr.Anil Nagrath) 13,51,350 12,96,864 Professional Tax - 2,500 Rent,Rates & Taxes 11,90,513 11,50,335 Repairs & Maintenance 3,37,834 6,21,695 ROC Filing Fee 72,800 409 Round Off 86 (190) Screening Charges - 46,622 Server Hire Charges - 1,50,000 Service Tax Int Paid - 2,56,149 Software Expenses 20,000 10,800 Subscription & Contribution to other Association 10,53,258 10,04,767 Telephone & Internet Exp. 51,156 83,394 Title Publish Expenses 8,47,088 4,67,480 Travelling Expenses 65,418 1,60,921 Trophies - 1,95,000 Water Expenses - 21,140

97 91 214 1 21 87 14197,91,214 1,21,87,141

20

IMPPA Notes formating part of the financial statementsNote No.5 DEPRECIATIONSr No. Fixed Assets Addition Total Value Rate Dep for the year W.D.V. 31.3.2020

2019-20201 Office premises (1) 3,94,164 3,94,164 5% 19,708.19 3,74,456 2 Office premises (2) 5,41,90,248 5,41,90,248 0% - 5,41,90,248 3 Office premises (3) 1,96,72,545 1,96,72,545 0% - 1,96,72,545 4 Furniture & Fixture 14,74,957 14,74,957 10% 1,47,495.73 13,27,462 5 Portable Cabin 15,649 15,649 10% 1,564.92 14,084 6 Air Conditioner 2,37,172 2,37,172 15% 35,575.77 2,01,596 7 Office Equipment 27,867 27,867 15% 4,180.10 23,687 8 Vehicle 81,224 81,224 15% 12,183.54 69,040 9 Computers 70,363 70,363 40% 28,145.39 42,218

10 Xerox Machine 53,130 53,130 15% 7,969.49 45,160 11 Fax machine 822 822 15% 123.32 699 12 Telephone Board 22,820 22,820 15% 3,422.95 19,397 13 Refrigerator(Godrej) 7,704 7,704 15% 1,155.59 6,548 14 CC Camera (CCTV) 88,837 88,837 15% 13,325.50 75,511 15 Water Filter 2,787 6,780 9,567 15% 418.11 9,149 16 Thumb Machine 3,762 3,762 15% 564.31 3,198 17 I Card Machine 57,362 57,362 15% 8,604.25 48,757 18 LCD TV 26,153 26,153 15% 3,922.88 22,230 19 Dinning Room 72,138 72,138 10% 7,213.82 64,924 20 Preview Theatre 23,43,922 23,43,922 10% 2,34,392.18 21,09,530 21 Mobile Handset 7,429 7,429 15% 1,114.35 6,315

Total 7,88,51,055 6,780 7,88,57,835 5,31,081 7,83,26,754

Note NOTES TO ACCOUNTS1 The Accounts have been prepared on historical basis.2 Fixed Assets are valued at cost less depreciation except office premises (2) & (3).3 Depreciation on Fixed Assets is provided in accounts on "Written Down Value" basis as provided in the

Income Tax Act,1961 except office premises (2) & (3).4 Investments are shown at cost.5 Previous years figures are regrouped wherever necessary.6 Membership subscription fees which are outstanding for more than three years have been writen off as

bad debts during the year.7 Contingent Liabilities -NIL8 The association has changed the method of billing. W.e.f 01.07.2017 the date of implementation

of GST,the association has started making bills of members on receipts of subscription.

W.D.V. 31.3.2019

21

Indian Motion Picture Producers’ AssociationPRESIDENTS OF IMPPA

1937-39 Khan Bahadur Ardeshir M. Irani 1965-66 Shri G.P. Sippy1940 Shri V. Shantaram 1966-67 Shri Roshanlal Malhotra1941-43 Rai Bahadur Chunilal 1967-68 Shri J.B. Roongta1943-44 Shri V. Shantaram 1968-71 Shri I.S. Johar1944-45 Shri Chandulal J. Shah 1971-72 {Smt. Nargis Dutt} {Shri Ramprakash Chibber (Pachhi) 1945-46 Rai Bahadur Chunilal 1972-73 {Shri I.S. Johar) {Shri Shree Ram Bohra1946-47 Shri Chhotubhai J. Desai 1973-84 Shri Shree Ram Bohra1947-48 Shri Chhotubhai D. Desai 1984-85 {Shri Ramraj Nahta {Shri Prakash Mehra}1948-49 Shri Chandulal J. Shah 1985-89 Shri Ramraj Nahta1949-50 Shri J.B.H. Wadia 1989-92 Shri Shakti Samanta1950-51 Rai Bahadur Chunilal Shri K.M. Modi 1992-93 Shri Jimmy Nirula1951-52 Shri Chandulal J. Shah 1993-94 Shri Shakti Samanta1952-53 Shri Chandulal J. Shah Shri Jaimani Dewan 1994-98 Shri Sultan Ahmed1953-54 Shri Jaimani Dewan 1998-99 Shri Shakti Samanta1954-55 Shri Dalsukh M. Pancholi 1999 Shri K.D. Shorey1955-56 {Shri S.K. Patil {Shri Kishore Sahu 1999-2001 Shri Shakti Samanta1956-57 Shri J.P. Tiwari 2001-03 Smt. Smita Thackeray1957-60 Shri J.B. Roongta 2003-04 Shri Saawan Kumar Tak1960-62 {Shri Bimal Roy 2004 Miss Sushama Shiromanee {Shri R. Chandra Shri Rakesh Kumar Sharma 1962-63 {Shri J. Om Prakash 2004-05 Miss Sushama Shiromanee {Shri J.B. Roongta 2005-06 Mrs. Shabnam Kapoor {Shri Mehboob Khan 2006- Shri T.P. Aggarwal 1963-65 Shri Roshanlal Malhotra

IMPPA Home Theatre for members

IMPPA has started Home Theatre for members in its office premises which has 35 Luxurious push back seats, Silver Screen 16x8, Dolby Atmos 11.2 System, Modern Digital Cinema powered by Qube. The charges for members are very nominal i.e. Rs. 6,500/- + Service tax for 2 ½ film, for 3 hour film Rs. 9,000/- + Service tax and for films of shorter length charges will be Rs. 3,000/-+ service tax per hour. The Home Theatre can also be booked by members for Press Conference, Music release, Trailer release or any other function at above mentioned rates.

INDIAN MOTION PICTURE PRODUCERS’ ASSOCATION

Office: G-1 to 7, Crescent Tower, Near Morya House, Opp. VIP Plaza, Off. Link Road, Andheri (W), Mumbai – 400 053. E-mail: [email protected]

Contact: 022 26732868 / 26742892 / 26732715 / 26732790

IMPPA Home Theatre for members

IMPPA has started Home Theatre for members in its office premises which has 35 Luxurious push back seats, Silver Screen 16x8, Dolby Atmos 11.2 System, Modern Digital Cinema powered by Qube. The charges for members are very nominal i.e. Rs. 6,500/- + Service tax for 2 ½ film, for 3 hour film Rs. 9,000/- + Service tax and for films of shorter length charges will be Rs. 3,000/-+ service tax per hour. The Home Theatre can also be booked by members for Press Conference, Music release, Trailer release or any other function at above mentioned rates.

INDIAN MOTION PICTURE PRODUCERS’ ASSOCATION

Office: G-1 to 7, Crescent Tower, Near Morya House, Opp. VIP Plaza, Off. Link Road, Andheri (W), Mumbai – 400 053. E-mail: [email protected]

Contact: 022 26732868 / 26742892 / 26732715 / 26732790

IMPPAhasstartedHomeTheatreformembersinitsofficepremiseswhichhas35Luxuriouspushbackseats,SilverScreen16x8,DolbyAtmos11.2System,ModernDigitalCinemapoweredbyQube.Thechargesformembersareverynominali.e.Rs.6,500/-+Servicetaxfor2½film,for3hourfilmRs.9,000/-+Servicetaxandforfilmsof shorterlengthchargeswillbeRs.3,000/-+servicetaxperhour.TheHomeTheatrecanalsobebookedbymembersforPressConference,Musicrelease,Trailerreleaseoranyotherfunctionatabovementionedrates.

INDIAN MOTION PICTURE PRODUCERS’ ASSOCATION Office:G-1to7,CrescentTower,NearMoryaHouse,Opp.VIPPlaza,

Off.LinkRoad,Andheri(W),Mumbai–400053.E-mail:[email protected]

Contact: 022 26732868 / 26742892 / 26732715 / 26732790

81 annual report st 2019-2020 - imppa

Documents