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 … Continue reading Tackling the Menace of Delayed Payments to MSMEs by Companies