NB Associates – Advocates & Legal Consultants
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Date:November 26, 2024
MSME Samadhan is an online grievance redressal platform launched by the Government of India. It helps micro, small, and medium enterprises (MSMEs) resolve payment-related disputes with their buyers. The portal ensures timely payment and safeguards the interests of MSMEs. Delayed payments have long been a challenge for MSMEs, and MSME Samadhan offers a solution to […]
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Date:November 24, 2024
The MSME 45 Day Rule is a crucial regulation. It ensures that small businesses receive timely payments for their goods and services. This rule mandates that buyers must make payments to micro, small, and medium enterprises (MSMEs). They must do so within 45 days of receiving the goods or services. In this article, we will […]
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MSME Investment Limit: Key Criteria for Registration MSME (Micro, Small, and Medium Enterprises) registration is an essential process for businesses seeking government benefits, financial support, and legal protection. One of the critical factors in this registration process is the MSME investment limit. Understanding the MSME investment limit is crucial for businesses to ensure they meet […]
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MSME Applicability: Eligibility Criteria and Guidelines Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in boosting economic growth. They create jobs and promote industrialization in rural and urban areas. The Government of India provides numerous benefits to MSMEs. However, understanding the applicability of MSME registration is essential for businesses. This article explains the […]
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Date:November 23, 2024
The MSME Registration Checklist. What are the Essential Documents and information required for MSME registration. Registering your business as a Micro, Small, or Medium Enterprise (MSME) is an essential step to avail of government benefits, schemes, and protections under the MSME Development Act, 2006. To know what legal services we provide in relation to MSME […]
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Date:November 21, 2024
The Micro, Small, and Medium Enterprises Development Act (MSME Development Act) is a pivotal piece of legislation aimed at fostering the growth of small businesses in India. Enacted in 2006, this Act provides a structured framework for facilitating the development, funding, and support of MSMEs. As these enterprises are the backbone of India’s economy, the […]
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Date:November 20, 2024
Money recovery is a critical process for individuals and businesses facing delayed payments or unresolved financial disputes. Whether it’s about unpaid invoices, debts, or compensation, the importance of efficient recovery of money cannot be overstated. This article highlights various approaches to ensure successful money recovery while emphasizing legal, financial, and strategic considerations To know what […]
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MSMED Full form is Micro, Small, and Medium Enterprises Development. MSMED refers to the Micro, Small, and Medium Enterprises Development Act, 2006, introduced by the Government of India. he MSMED Act aims to support the growth and development of micro, small, and medium enterprises (MSMEs). It also focuses on enhancing the competitiveness of these enterprises […]
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Date:November 17, 2024
RBI Bank Rate current 2024 – MSME Notes by NB Associates The Reserve Bank of India (RBI) is India’s central banking institution, responsible for regulating the country’s monetary policy. Among its many tools, the RBI bank rate is a crucial parameter. It influences the cost of borrowing and lending in the financial system. To know […]