Micro, small and medium enterprises development act, 2006 Micro, small and medium enterprises development act, 2006 Micro, small and medium enterprises development act, 2006
 
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Micro, small and medium enterprises development act, 2006

 

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Micro, small and medium enterprises development act, 2006

 

Preamble

   
  CHAPTER I: PRELIMINARY
1.

Short title and commencement

2.

Definitions

   
  CHAPTER II: NATIONAL BOARD FOR MICRO, SMALL AND MEDIUM ENTERPRISES
3.

Establishment of Board

4.

Removal of member from Board

5.

Functions of Board

6.

Powers and functions of Member-Secretary of Board

   
  CHAPTER III: CLASSIFICATION OF ENTERPRISES, ADVISORY COMMITTEE AND MEMORANDUM OF MICRO, SMALL AND MEDIUM ENTERPRISES
7.

Classification of enterprises

8.

Memorandum of micro, small and medium enterprises

   
  CHAPTER IV: MEASURES FOR PROMOTION, DEVELOPMENT AND ENHANCEMENT OF COMPETITIVENESS OF MICRO, SMALL AND MEDIUM
9.

Measures for promotion and development

10.

Credit facilities

11.

Procurement preference policy

12.

Funds

13.

Grants by Central Government

14.

Administration and utilisation of Fund or Funds

   
  APTER V: DELAYED PAYMENTS TO MICRO AND SMALL
15.

Liability of buyer to make payment

16.

Date from which and rate at which interest is payable

17.

Recovery of amount due

18.

Reference to Micro and Small Enterprises Facilitation Council

19.

Application for setting aside decree, award or order

20.

Establishment of Micro and Small Enterprises Facilitation Council

21.

Composition of Micro and Small Enterprises Facilitation Council

22.

Requirement to specify unpaid amount with interest in the annual statement of accounts

23.

Interest not to be allowed as deduction from income

24.

Overriding effect

25.

Scheme for closure of business of micro, small and medium enterprises

   
  CHAPTER VI: MISCELLANEOUS
26.

Appointment of officers and other employees

27.

Penalty for contravention of section 8 or section 22 or section 26

28.

Jurisdiction of courts

29.

Jurisdiction of courts

30.

Power to make rules by State Government

31.

Power to remove difficulties

32.

Repeal of Act

 

Micro, small and medium enterprises development act, 2006

 

 

 

 

 

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