law: The Micro, Small and Medium Enterprises Development Act, 2006 
  22. Requirement to
  
  specify unpaid amount with interest in the annual statement of accounts.-
  Where any buyer is
  
  required to get his annual accounts audited under any law for the time being in
  
  force, such buyer shall furnish the following additional information in his
  
  annual statement of accounts, namely:
       
  
   i.        
  
    the
  
  principal amount and the interest due thereon (to be shown separately)
  
  remaining unpaid to any supplier as at the end of each accounting year;
      
  
   ii.        
  
    the
  
  amount of interest paid by the buyer in terms of section 16, along with the
  
  amounts of the payment made to the supplier beyond the appointed day during
  
  each accounting year;
     
  
   iii.        
  
  
  
    the
  
  amount of interest due and payable for the period of delay in making payment
  
  (which have been paid but beyond the appointed day during the year) but without
  
  adding the interest specified under this Act;
     
  
   iv.        
  
    the
  
  amount of interest accrued and remaining unpaid at the end of each accounting
  
  year; and
      
  
   v.        
  
    the
  
  amount of further interest remaining due and payable even in the succeeding
  
  years, until such date when the interest dues as above are actually paid to the
  
  small enterprise, for the purpose of disallowance as a deductible expenditure
  
  under section 23.