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MSMED Act

Latest Articles


Difference between MSME and Start up

Corporate Law : Learn the criteria for DPIIT startup recognition, including company age, turnover limits, and eligibility differences from MSMEs....

August 16, 2024 21 Views 0 comment Print

Udyam Registration Process For MSMEs in India

Corporate Law : Learn about Udyam Registration for MSMEs: process, eligibility, benefits, and how it streamlines access to government schemes and ...

August 13, 2024 588 Views 0 comment Print

Reporting Requirement of Clause 22 [Amount Covered under section 43B(h)] of Form 3CD

Income Tax : Learn about the amendment to Clause 22 of Form 3CD under Section 43B(h) and its impact on reporting requirements for payments to M...

August 1, 2024 5379 Views 1 comment Print

A Snapshot on Challenges and Opportunities for MSMEs

Corporate Law : Explore the challenges and opportunities for MSMEs in India, their role in the economy, and government schemes aimed at fostering ...

July 30, 2024 336 Views 0 comment Print

Union Budget 2024 and MSMEs

Finance : Explore Budget 2024's focus on MSMEs with new credit assessments, credit guarantees, Mudra loan increases, and support for global ...

July 29, 2024 570 Views 0 comment Print


Latest News


Concerns on Corporate Tax, MSME Deductions, GST Rates

CA, CS, CMA : Explore recent updates on corporate tax rates, MSME concerns over tax deductions, and GST rates for shawls as addressed in Lok Sab...

August 5, 2024 306 Views 0 comment Print

Urgent Request for Amendment to Section 43(B)(h) for MSMEs

Income Tax : Punjab Accountants Association urges Finance Minister to amend Section 43(B)(h) for MSMEs, proposing better payment timelines and ...

July 27, 2024 10815 Views 0 comment Print

Eight New Measures to Support MSMEs in Union Budget 2024

Corporate Law : Union Budget 2024 introduces eight new MSME support measures, including credit schemes, enhanced Mudra loans, and new SIDBI branch...

July 23, 2024 546 Views 0 comment Print

Representation against Proposed Amendment In Section 43B of Income Tax

Income Tax : Discover how proposed amendment in Section 43B of Income Tax Act, 1961, affects MSMEs. Learn about potential challenges and sugges...

June 11, 2024 5073 Views 0 comment Print

Live Course on Section 43B(h) by CA Manoj Lamba – Last Few Hours to register

Income Tax : Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down ...

May 10, 2024 10233 Views 1 comment Print


Latest Judiciary


Banks and NBFCs obliged to adopt restructuring process before classification of account as NPA: Supreme Court

Corporate Law : Supreme Court held that Banks/ Non-Banking Financial Companies (NBFCs) are obliged to adopt restructuring process of MSME as conte...

August 9, 2024 345 Views 0 comment Print

SC Refuses to Hear Plea Against 45-Day Payment Rule U/S 43B(h)

Corporate Law : Supreme Court dismisses plea under Article 32 against 45-day payment rule. Detailed analysis of the judgment and implications for ...

May 8, 2024 11586 Views 0 comment Print

Docket Care Systems Vs Hariwill Electronics India Pvt. Ltd. (Allahabad High Court) 

Corporate Law : Explore Allahabad High Court's judgment on predeposit under Section 19 of MSMED Act in the case of Docket Care Systems Vs. Hariwil...

April 26, 2024 660 Views 0 comment Print

Crown’s preferential right of recovery of debts does not extend to secured creditors

Corporate Law : Mankind Life Sciences Private Limited Vs State of Himachal Pradesh & Anr (Himachal Pradesh High Court) The legal landscape sur...

January 28, 2024 876 Views 0 comment Print

Calcutta HC: Pre-Deposit Required for Section 34 Arbitration Act Applications under Section 19 MSME Act

Corporate Law : The petitioner filed an application for stay of an arbitral award passed by the West Bengal State Micro Small Enterprises Facilita...

August 8, 2023 1107 Views 0 comment Print


Latest Notifications


MSME Form-1 amended: Companies to Report MSEs Overdue Payment

Company Law : Read about the Specified Companies Order amendment under Companies Act 2013 to enhance reporting on payments to micro and small en...

July 15, 2024 8577 Views 0 comment Print

Corrigendum to Income Tax Notification No. 27 of 2024

Income Tax : Understand the implications of the corrigendum to Income Tax Notification No. 27 of 2024. Get insights into the changes and their ...

March 19, 2024 5295 Views 0 comment Print

Air Cooler and Air Filters (Quality Control) Order, 2023

Corporate Law : Discover the Air Cooler and Air Filters Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards...

March 5, 2024 357 Views 0 comment Print

Potable Water Bottles (Quality Control) Order, 2024

Corporate Law : Explore the Ministry of Commerce and Industrys latest order on Potable Water Bottles (Quality Control) 2024 in New Delhi. Learn ab...

March 5, 2024 480 Views 0 comment Print

Insulated Flask, Bottles and Containers for Domestic Use (Quality Control) Order, 2024

Corporate Law : Explore the latest Ministry of Commerce and Industry Order in New Delhi, setting quality standards for insulated flasks, bottles, ...

March 5, 2024 495 Views 0 comment Print


Shri Gadkari Asks Large Industries to Clear MSME Dues on Priority

August 18, 2020 369 Views 0 comment Print

Shri Nitin Gadkari also emphasized on clearing MSME dues by all on priority. He called upon large industries and business houses/Companies to treat this as an important matter. Shri Gadkari asked CII members to help in the development and growth of ancilliary units/industries to supply spare parts.

Udyam Registration – FAQs

August 17, 2020 159588 Views 35 comments Print

Union Ministry of Micro, Small and Medium Entities (MSME), vide its Notification Dated 26.06.2020 notifies the new definition of MSME along with its new name i.e., “UDYAM Registration”, and introduced a new portal named “UDYAM Registration Portal”. Ministry also issued a clarification regarding new criteria for the classification of MSMEs. Our previous articles on UDYAM […]

Udyam registration, benefits and services

August 17, 2020 46881 Views 6 comments Print

As per notification of MSME dated 26.06.2020, Udyam Registration is the new process of MSME/UDYOG AADHAAR Registration launched by the Ministry of Micro, Small and Medium Enterprises effective from July 1, 2020.

MSME UAM/Registration- Clarification

August 16, 2020 5664 Views 0 comment Print

MSME UPDATES: The Ministry of MSME through its Office Memorandum (O.M) dated 06th August 2020 has issued a clarification on Existing EM i.e. Enterpreneurs Memorandum Part —III-UAM. The Ministry has drawn the attention of public on its previous notification dated 26th June 2020 and in its link has clarified certain points: THE NEW UPDATES ARE […]

A Central Law, Several High Courts & Different Interpretations: Fate of MSMED Act, 2006

August 16, 2020 1311 Views 0 comment Print

The Micro, Small and Medium Enterprises Development Act, 2006 (MSMED) succeeded the repealed ‘The Interest on Delayed Payments To Small Scale And Ancillary Industrial Undertakings Act, 1993’. One of the objects of the legislation is also to provide a single legal framework concerning the entire small and medium enterprises sector and to address their concerns. […]

Udyam Registration – Clarification on Existing EM Part-II/Uam

August 15, 2020 8109 Views 2 comments Print

The government has received some representations after its Notification dated 26/06/2020 regarding criteria for the classification of MSMEs and their registration in the new Udyam Portal. Therefore, Union Ministry of Micro, Small, and Medium Enterprises (MSME) issues a clarification on existing Entrepreneurs Memorandum (EM) PART-II/ Udyog Aadhar Memorandum (UAM), vide Office Memorandum Dated 06/08/2020. You […]

MSME Samadhaan (Delayed Payment Monitoring System)

August 15, 2020 4818 Views 0 comment Print

Micro, Small and Medium Enterprise (MSME), introduced by Government of India vide Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 are entities engaged in the production, manufacturing, processing or preservation of goods and commodities. An entity to be identified as a MSME shall be within the following limits as per Section 7 of the […]

Gujarat Industrial Policy 2020- Support for Startups, MSMEs & Large Enterprise

August 12, 2020 9354 Views 1 comment Print

Situated on the west coast of India, Gujarat is one of the leading industrialized states in the country. Its geographical area of about 2 Lakhs sq. km. accounts for 6% percent of the total area of India. With a coastline of 1600 km, it is well connected to all the major port in all continents […]

Package Scheme of Incentives, 2019 – Maharashtra Subsidy scheme on set up of factory

August 6, 2020 60261 Views 8 comments Print

GR No: Resolution No. PSI -2019 / CR 46 / IND-8 Dated the 16 September, 2019 1. Operative Period: 1st April, 2019 to 31st March, 2024 or till the new Package Scheme of Incentives comes into force. 1.1 Coverage under the PSI -2019 The following categories of Eligible Industrial Units in the Private Sector, Cooperative […]

Clarification on existing EM Part-II/ UAM/New Udyam Registration-reg.

August 6, 2020 14043 Views 2 comments Print

MSME Clarification on existing Entrepreneurs Memorandum (EM) Part-II/Udyog Aadhaar Memorandum (UAM)/New Udyam Registration dated 6th  August, 2020 No. 2/1(5)/2019- P&G/Policy (pt. IV) Ministry  of MSME Office of the Development  Commissioner(MSME) Ministry of Micro, Small & Medium Enterprises (MSME Policy Division) ****** Dated: 6th  August, 2020 Nirman Bhavan, New Delhi OFFICE MEMORANDUM Subject: Clarification on existing […]

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