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Varinder Kumar Shah

Varinder Kumar Shah

वरिन्द्र कुमार शाह

Indian National Congress PANIPAT CITY

Declared net worth
₹-89.78 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version

Wealth & income over time

₹-89.78 Cr
Election Constituency Result Assets Liabilities Net worth Income
Haryana Vidhan Sabha General-Election-Aug-Oct-2024 PANIPAT CITY lost ₹35.97 Cr ₹125.75 Cr ₹-89.78 Cr ₹1.69 Cr

Latest affidavit

Total assets
₹35.97 Cr
Total liabilities
₹125.75 Cr
Net worth
₹-89.78 Cr

Education

  • 8th Pass, Middle Examination From S.D. Higher Secondary School, Panipat, Year-1968

self, Varinder Kumar Shah

Business (Partner in HRS Automobile, Panipat Propriter (HRS Hotel)

Movable assets

  • Cash Cash ₹3.50 L
  • Deposits in Banks, FIs and NBFCs Canara Bank, Sanjay Chowk, GT Road, Panipat, No 139910102xxxxx ₹2.76 L
  • Deposits in Banks, FIs and NBFCs PNB CAB Panipat, No 090300110000xxxxx ₹2,410.00
  • Deposits in Banks, FIs and NBFCs HDFC NK Tower, Panipat, No 5010024843xxxxx ₹57,253.00
  • Deposits in Banks, FIs and NBFCs Canara Bank, Sanjay Chowk, GT Road, Panipat, No 11019934xxxxx ₹25.00 L
  • Bonds, Debentures and Shares Shares of HRS Fibers Ltd. ₹66.45 L
  • Bonds, Debentures and Shares Shares of HRS Cotton Mills Pvt. Ltd. ₹10,000.00
  • LIC / Insurance Policies Insurance Policy Maturity ₹25.00 L
  • Personal Loans / Advances Given Personal loans/advance given ₹14.74 Cr
  • Motor Vehicles Jeep, Wrangler, No.HR06AX-0072, Year-2024 ₹44.50 L
  • Motor Vehicles Defender, No.HR06VBA-0072, Year-2023 ₹81.07 L
  • Motor Vehicles KIA Carnival, No.HR06AZ-0072, Year-2022 ₹30.72 L
  • Motor Vehicles Fortuner, No.HR06AJ-0072, Year-2020 ₹18.60 L
  • Jewellery, Bullion, etc. 571 Grm Gold ₹34.26 L
  • Other Movable Assets Capital Balances in HRS Hotels ₹7.17 Cr
  • Other Movable Assets Capital Balances in HRS Automobiles ₹4.32 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Canara Bank, Panipat, Car Loan ₹32.64 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Canara Bank, Panipat, Car Loan ₹60.61 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to HDFC Bank, Panipat, Car Loan ₹18.61 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to PNB Bank, Panipat, Loan against Property ₹64.86 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Aman Sachdev (Nephew), Personal Loan ₹1.98 Cr
  • Any Other Dues Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending to None as borrower, However as an ex-partner of a guarantor firm, There is a claim of Asset Care and Reconstruction Enterprise Ltd. (Asset reconstruction company) to the tune of Rs.1220000000, which is disputed & Sub-judice before DRT-II, Delhi ₹122.00 Cr

Income (ITR)

  • 2023-24 ₹13.49 L
  • 2022-23 ₹22.44 L
  • 2021-22 ₹47.30 L
  • 2020-21 ₹24.03 L
  • 2019-20 ₹44.28 L

spouse

House Wife

Movable assets

  • Cash Cash ₹2.50 L
  • Deposits in Banks, FIs and NBFCs Canara Bank, GT Road, Panipat, No 139910102xxxxx ₹12,819.00
  • Deposits in Banks, FIs and NBFCs HDFC NK Tower, Panipat, No 5010024843xxxxx ₹6.12 L
  • Bonds, Debentures and Shares Shares of HRS Fibers Ltd. ₹10,000.00
  • Jewellery, Bullion, etc. 550 Grm Gold ₹33.00 L

Immovable assets

  • Agricultural Land Baholi Teh. Madloda Dist. Panipat, Khewat No.7, Khotni No.7, Khasra No.6 ₹1.00 Cr
  • Residential Buildings Plot No.744 to 747, Model Town, Panipat Property ID No.1G2H8F77 ₹9.27 Cr

Income (ITR)

  • 2023-24 ₹3.59 L
  • 2022-23 ₹3.36 L
  • 2021-22 ₹3.37 L
  • 2020-21 ₹3.70 L
  • 2019-20 ₹3.70 L

Elections contested

Election Constituency Party Result Votes Share
Haryana Vidhan Sabha General-Election-Aug-Oct-2024 PANIPAT CITY Indian National Congress lost 46,078 31.53%

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Compiled from public disclosures by the Election Commission of India and MyNeta.