MSME Award Appeal here we mean and discuss Appeal against the order, decree or Award arising out of the statutory arbitration proceeding under MSME Act. There have been challenges to this provision in courts, where the contentions were raised that this provision is not mandatory and there can be deviation by the Appellate court. Thus, the Supreme Court has made it clear that the provision of section 19 of the MSME Act is mandatory in nature..             
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How to get MSME complaint registered ?


Author- admin
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 consultancy to our clients.  We also help and legally assist our clients in the recovery of dues or outstanding.

Clients may contact us at the given number for any legal consultancy or email us.

Contact no: 9811899279 | Email. mail@nbassociates.net

Under the MSMED Act, there are provisions to protect MSMEs from delayed payments by buyers, primarily in the context of supply of goods or services.

The Act defines the time period within which the buyer is required to make the payment to the MSME, which is generally 45 days from the date of acceptance of goods or services.

If the buyer fails to make the payment within this period, it becomes a case of delayed payment.

In case of delayed payments, an MSME can initiate a legal process against the buyer by filing an application with the Micro and Small Enterprises Facilitation Council (MSEFC).

This application or claim can also be filed through MSME Samadhan Portal

The MSEFC has the authority to inquire into the complaint and facilitate the settlement or pass an award for the recovery of the delayed payment along with interest.

Frequently Asked Questions

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FAQ in MSME Samadhan Portal

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