NB Associates – Advocates & Legal Consultants
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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 […]
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Date:April 28, 2024
MSME law refers to legislation and regulations governing Micro, Small, and Medium Enterprises. These MSME laws are designed to provide a conducive environment for the growth and sustenance of small businesses, which are vital for economic development, employment generation, and fostering entrepreneurship. To know what legal services we provide in relation to MSME Recovery – […]
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Date:June 4, 2023
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: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 […]
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Date:May 25, 2023
MSME guidelines for payment MSME Law Notes by NB Associates The MSME Act, or the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006, is an Indian legislation that provides guidelines and regulations for the promotion, development, and enhancement of competitiveness of micro, small, and medium enterprises in India. We are the leading Law firm […]
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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 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 […]