MSME must notify lending bank about eligibility to get benefit of Framework

Shri Swami Samarth Construction & Finance Solution & Anr Vs Board of Directors of NKGSB Co-Op. Bank Ltd. & Ors (Supreme Court of India) Supreme Court held that Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises does require MSME to notify the lending bank by producing authenticated and verifiable documents/material to show its eligibility to get the benefit of the said Framework. Facts- This is a writ petition under Article 32 of the Constitution of India by an enterprise registered under the Micro, Small and Medium Enterprises Development Act, 2006. Th...