NB Associates – Advocates & Legal Consultants
Author- admin
Date:May 25, 2023
Law notes on RBI Bank rate for MSME – Bank rate by RBI for MSME The MSME Act requires buyers to make payments to MSMEs within 45 days. This timeline applies from the date of acceptance or deemed acceptance of goods or services. If they fail to do so, they must pay interest at three […]
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Date:May 3, 2023
Appeal Against MSME Order – Section 19 of MSMED Act MSME Law Notes by NB Associates Appeal against MSME order here we mean and discuss ‘an order arising out of the statutory arbitration proceeding under MSME Act’. The MSME claim proceeding under MSME Act ultimately culminates into an Arbitration proceeding under section 18(3) of the […]
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Date:May 1, 2023
Section 16 of MSME Act – Understanding Its Provisions and Significance -What is Section 16 of MSME Act The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is an Indian legislation. It aims to promote and support the growth and development of micro, small, and medium enterprises (MSMEs). To know what legal services we […]
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 […]
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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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Date:
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 […]