Atul Ltd 2011-12

73 ( ` cr) Notes to financial statements NOTE 8 TRADE PAYABLES As at March 31, 2012 As at March 31, 2011 (a) Trade payables including acceptances 275.64 223.46 275.64 223.46 Trade payables include ` 0.70 cr (Previous year ` 0.28 cr) due to micro, small and medium enterprises. Following is the information, required to be furnished as per Section 22 of the Micro, Small and Medium Enterprise Development Act, 2006: ( ` cr) No Particulars As at March 31, 2012 As at March 31, 2011 (a) The principal amount and the interest due thereon remaining unpaid to any supplier at the end of each accounting year Principal 0.70 0.28 Interest – – (b) The amount of interest paid by the buyer in terms of Section 16 of the Micro, Small and Medium Enterprise Development Act, 2006, along with the amounts of the payment made to the suppliers beyond the appointed day during each accounting year – – (c) 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 the Micro, Small and Medium Enterprise Development Act, 2006 – – (d) The amount of interest accrued and remaining unpaid at the end of accounting year – – (e) 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 of the Micro, Small and Medium Enterprise Development Act, 2006 – – Above disclosures have been made based on information available with the Company, for suppliers who are registered as micro, small and medium enterprise under ‘Micro, Small and Medium Enterprise Development Act, 2006’ as at March 31, 2012.