NB Associates – Advocates & Legal Consultants
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Date:April 1, 2023
MSME Limitation Act – Applicability on MSME recovery proceeding Law Article by NB Associates Whether there is any limitation on the MSME recovery proceedings which is initiated under the provisions of Sections 17 and 18 of the Micro, Small and Medium Enterprises Development Act, 2006? Whether there is any MSME Limitation Act? That is the […]
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Date:March 30, 2023
How do I recover my MSME payment? MSME Law notes by NB Associates To recover your MSME payment, you can follow these steps Send a formal reminder: If a buyer has not made the payment within the agreed-upon period, send a formal reminder to the buyer. The reminder should include the invoice number, date of […]
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What is the interest rate for MSME claim? MSME Law notes by NB Associates As per the guidelines of the MSME Samadhaan portal in India, if a buyer fails to make payment to an MSME within 45 days of the acceptance or deemed acceptance of goods or services, the buyer will be required to pay […]
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What are the benefits of MSME Samadhaan? MSME Law notes by NB Associates MSME Samadhaan is an online portal launched by the Indian government to facilitate the speedy settlement of disputes related to delayed payments for MSMEs. The portal provides various benefits to MSMEs, including: Resolution of MSME payment disputes MSME Samadhaan provides an online […]
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What is MSME 45 days payment rule MSME Law Notes by NB Associates In India, the MSME Act has introduced a 45-days payment rule for Micro & Small Enterprises. So, if you are a Micro or Small enterprise, and you have sold goods or provided services to a Buyer, the Buyer must make payments for […]
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Date:March 29, 2023
MSME Case Filing – Step-by-Step Procedure Law Article by NB Associates Micro and small enterprises (MSEs) can file MSME case to recover their dues or outstanding by using the provisions of sections 15 to 18 of the MSME Act. These provisions are an effective solution for the MSEs dues recovery. Here we are going to […]
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MSME Online Case Filing – the process is a significant step Law Article by NB Associates Micro and small enterprises (MSEs) can recover their dues or outstanding by using the provisions of sections 15 to 18 of the MSME Act. These provisions are an effective solution for the MSEs debt recovery. For debt recovery, MSEs […]
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Date:March 28, 2023
Who are eligible for MSME Samadhan? Legal points by NB Associates MSME Samadhaan is an online portal that provides a mechanism for micro and small enterprises (MSEs) to file their delayed payment complaints. The eligibility criteria for filing a complaint on the MSME Samadhaan portal are as follows: 1. The supplier should be a […]
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How effective is MSME Samadhaan? Is MSME Samadhan effective ? MSME Law points by NB Associates MSME Samadhaan is an online portal that provides a mechanism for micro and small enterprises (MSEs) to file their delayed payment complaints. The effectiveness of the portal in resolving delayed payment complaints depends on several factors, including the number […]