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Introduction With the regular shifts in the rules that are taking place around us, a new definition of the Trade Receivables Electronic Discounting System, i.e., TReDS was launched by the Ministry of Corporate Affairs (MCA) vide Notification No. S.O. 5621(E) dated 02.11.2018, which allows all the businesses with a turnover of more than Rs. 500...

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INTRODUCTION MSMEs or Micro, Small and Medium Enterprises are one of the key players in the market and contribute immensely to the Indian economy. They contribute to about 37.5 % of the GDP and provide employment to about 117.1 million people. However, a significant inadequacy exists in financing facilities for MSMEs. Slow-paying Invoices are the...

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