Vibgyor Ltd. is unaware of the manner and details of presentation of long-term loans and advances to be given in the balance sheet as per Schedule III of the Companies Act, 2013. Advise the company with the contents and

Long-term loans and advances shall be disclosed in the Balance Sheet as under: Long-term loans and advances shall be classified as: Capital Advances; Security Deposits; Loans and Advances to related parties (giving details thereof); Other Loans and Advances. The above shall also be separately sub-classified as: To the extent secured, considered good; Others, considered good; Doubtful. Allowance for bad and doubtful loans and advances shall be disclosed under the relevant heads separately. Loans and Advances due by directors or other officers of the company or any of them either severally or jointly with any other persons or amounts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.