HomeCategory MSMED Act


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INTRODUCTION  The Micro, Small and Medium Enterprises (“MSME”) sector has arisen as an extremely vibrant and dynamic sector of the Indian economy over the eras. It not contributes towards the economy through the supply of goods, but also generate massive employment opportunities. The Micro, Small and Medium Enterprises Development (MSMED) Act was notified in 2006...

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INTRODUCTION The Government has constantly been in talks to provide and generate loans and other credit facilities to the Micro, Small and Medium Enterprises (“MSMEs”) and other business enterprises for them to regain their operational pace and begin working. These initiatives will help those facing serious cash flow issues and were at the verge of...

  “Even if an entity has not filed a Memorandum as required under Section 8(1) of the MSMED Act, it would still be treated as a supplier under Section 2(n) of the MSMED Act if it falls within the definition of the micro/small enterprise. ISSUE The Court had to deal with an issue as to...

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