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Revised Insolvency legislation_ Created Pre-packaged MSMEs Resolutions

Revised Insolvency legislation: Created Pre-packaged MSMEs Resolutions

Revised Insolvency legislation: Created Pre-packaged MSMEs Resolutions Govt changes insolvency legislation; introduces pre-packaged MSMEs settlement. The change permits the Center to inform the prepackaged insolvency resolution process of the minimal amount of default, not more than the 1 crore rupees. Many MSMEs suffered from the coronavirus epidemic, and experts considered the new change, which is […]
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Why MSME Trademark Registration Could Be Beneficial

Why MSME Trademark Registration Could Be Beneficial?

Why MSME Trademark Registration Could Be Beneficial? MSMEs have been supported by the government since the COVID-19 slowdown. These new entities need to make a different mark for themselves to grow their business. Trademark registration ensures a unique brand identity for the companies and MSMEs. Thus, applying for trademark registration is one of the foremost […]
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Tackling the Menace of Delayed Payments to MSMEs by Companies

Tackling the Menace of Delayed Payments to MSMEs by Companies

Tackling the Menace of Delayed Payments to MSMEs  The MSMED (Micro, Small, and Medium Enterprises Development) Act, 2006 (hereinafter mentioned as MSMED Act) was enacted on 16th June 2006, by the notification in official Gazette by the Govt. of India. The MSMED Act reinforced the provisions related to delayed payments to MSME by specifying a […]
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