NB Associates – Advocates & Legal Consultants
Author- admin
Date:April 27, 2023
Payment terms for MSME – MSME Payment terms MSME Law Notes by NB Associates Micro & Small (MSEs) are the backbones of the Indian economy. Their growth and success are essential for economic development. However, one of the biggest challenges that MSEs face is managing their cash flow. Cash flow management is vital for the […]
Author- admin
Date:April 15, 2023
Mutual consent divorce section Mutual consent divorce law notes by NB Associates Here we will discuss Mutual consent divorce section. Mutual consent divorce is a legal process by which a married couple seeks to end their marriage. In India, the mutual consent divorce process is governed by various laws. The law varies depending on how […]
Author- admin
Date:April 14, 2023
Payment to MSME – MSME Payment RulesRules MSME Law Notes by NB Associates The Government of India has implemented various rules and regulations to ensure timely payment to MSMEs (Micro, Small, and Medium Enterprises). Here are some of the key rules related to the payment to MSMEs: Payment to MSME – MSME Act, 2006 This […]
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Date:April 12, 2023
Section 15 of MSME Act – What is Section 15 of MSME Act? We will here discuss Section 15 of MSME Act. The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is an Indian legislation aimed at promoting and supporting the growth and development of micro, small and medium enterprises (MSMEs) in the country. […]
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MSME rules for payment MSME Law notes by NB Associates MSME (Micro, Small and Medium Enterprises) rules for payment refer to the regulations and guidelines that govern the payment terms and conditions for transactions between MSMEs and their buyers. The Indian Government has set up specific rules for payments to be made to MSMEs, which […]
Author- admin
Date:April 8, 2023
MSME Arbitration Procedure: A Step Towards Speedy Resolution of Disputes Micro and Small Enterprises (MSEs) form the backbone of the Indian economy. They contribute significantly to the country’s GDP and provide employment opportunities to a large section of the population. However, these enterprises often face a variety of challenges, including the non-payment of dues by […]
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MSME Samadhaan Procedure: Resolving Disputes and Ensuring Timely Payments for Indian MSMEs Law Article by NB Associates The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 was established by the Indian government to promote the growth of micro, small and medium enterprises (MSMEs) in the country. One of the key provisions of the Act […]
Author- admin
Date:April 7, 2023
MSME Facilitation Council Territorial Jurisdiction – Where it lies? MSME Law Notes by NB Associates According to Section 18(4) of the Micro, Small and Medium Enterprises Development Act, 2006, the Micro and Small Enterprises Facilitation Council (MSEFC) has the jurisdiction to act as an Arbitrator or Conciliator in a dispute between an MSME supplier and […]
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MSME Facilitation Council Jurisdiction Law Article by NB Associates The MSME Facilitation Council is a statutory body established under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. The primary objective of the MSME Facilitation Council is to facilitate the resolution of disputes between MSMEs and other entities, including other MSMEs, large enterprises, and […]