Author- admin
Date:June 7, 2023
Bank rate notified by RBI for MSME delayed payment 2023 Section 16, read with Section 2(b) of the MSME Act, prescribes that: – A buyer must make payment to a micro or small enterprise within a maximum period of 45 days. This period start from the acceptance or deemed acceptance of goods or services. – […]
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Date:June 5, 2023
Section 17 of MSME Act – What is Section 17 of MSME Act MSME Law Notes by NB Associates Section 17 of MSME Act or MSMED Act deals with and provides for the buyer’s liability to pay interest to the supplier. The interest amount also comes under the provision of ‘recovery of dues’ against the […]
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Date:June 4, 2023
MSME Award Appeal – Appeal against MSME Arbitration Award MSME Law Notes by NB Associates MSME Award Appeal here we mean and discuss Appeal against the order, decree or Award arising out of the statutory arbitration proceeding under MSME Act An appeal against an Award, order or decree arising from a statutory arbitration proceeding under […]
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What is Section 14 of the MSMED Act, 2006? MSME Law Notes by NB Associates Section 14 of the MSMED Act 2006 pertains to the establishment and administration of the Fund. It does not specifically relate to the recovery of outstanding amounts or interest. We are the leading Law firm / Lawyers providing comprehensive MSME […]
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How to get MSME complaint registered ? MSME Law Notes by NB Associates In India, there is a framework in place to address delayed payments to Micro, Small, and Medium Enterprises (MSMEs) called the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006. We are the leading Law firm / Lawyers providing comprehensive MSME legal […]
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Date:June 3, 2023
Section 18 of MSME Act – What is Section 18 of MSME Act MSME Law Notes by NB Associates In the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006, there is a provision for the establishment of Micro and Small Enterprises Facilitation Councils. These councils are responsible for facilitating the resolution of disputes and […]
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Date:June 1, 2023
MSME Samadhaan Scheme – Delayed Payment Portal MSME Law Article by NB Associates The MSME Samadhaan Scheme, also known as the Delayed Payment Portal, is an initiative launched by the Ministry of Micro, Small and Medium Enterprises (MSMEs), Government of India, to address the issue of delayed payments to Micro and Small Enterises (MSEs) by […]
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Date:May 31, 2023
MSME Samadhaan Login – Empowering Micro and Small Enterprises MSME Law Article by NB Associates The MSME (Micro, Small, and Medium Enterprises) Samadhaan Login portal has emerged as a game-changer for the empowerment of small businesses in India. Launched by the Government of India, this online platform serves as a resolution mechanism for delayed payments […]
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Date:May 30, 2023
MSME Samadhaan Portal -– Ensuring Redressal of Payment MSME Law Article by NB Associates Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the socio-economic development of any country. They contribute significantly to employment generation, GDP growth, and overall industrial output. However, one of the persistent challenges faced by MSMEs is delayed payments […]