The Micro, Small and Medium Enterprises Development Act
An Act to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith or incidental thereto.2006
List of Chapters & Sections
PRELIMINARY
NATIONAL BOARD FOR MICRO, SMALL AND MEDIUM ENTERPRISES
CLASSIFICATION OF ENTERPRISES, ADVISORY COMMITTEE AND MEMORANDUM OF MICRO, SMALL AND MEDIUM ENTERPRISES
MEASURES FOR PROMOTION, DEVELOPMENT AND ENHANCEMENT OF COMPETITIVENESS OF MICRO, SMALL AND MEDIUM ENTERPRISES
DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES
MISCELLANEOUS
PRELIMINARY
NATIONAL BOARD FOR MICRO, SMALL AND MEDIUM ENTERPRISES
CLASSIFICATION OF ENTERPRISES, ADVISORY COMMITTEE AND MEMORANDUM OF MICRO, SMALL AND MEDIUM ENTERPRISES
MEASURES FOR PROMOTION, DEVELOPMENT AND ENHANCEMENT OF COMPETITIVENESS OF MICRO, SMALL AND MEDIUM ENTERPRISES
DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES
15Liability of buyer to make payment16Date from which and rate at which interest is payable17Recovery of amount due18Reference to Micro and small Enterprises Facilitation Council19Application for setting aside decree, award or order20Establishment of Micro and Small Enterprises Facilitation Council21Composition of Micro and Small Enterprises Facilitation Council22Requirement to specify unpaid amount with interest in the annual statement of accounts23Interest not to be allowed as deduction from income24Overriding effect25Scheme for closure of business of micro, small and medium enterprisesMISCELLANEOUS