The Micro, Small and Medium Enterprises Development Act, 2006
Central · 2006
- S. 1Short title and commencement.
- S. 2Definitions.
- S. 3Establishment of Board.
- S. 4Removal of member from Board.
- S. 5Functions of Board.
- S. 6Powers and functions of Member-Secretary of Board.
- S. 7Classification of enterprises.
- S. 8Memorandum of micro, small and medium enterprises.
- S. 9Measures for promotion and development.
- S. 10Credit facilities.
- S. 11Procurement preference policy.
- S. 12Funds.
- S. 13Grants by Central Government.
- S. 14Administration and utilisation of Fund or Funds.
- S. 15Liability of buyer to make payment.
- S. 16Date from which and rate at which interest is payable.
- S. 17Recovery of amount due.
- S. 18Reference to Micro and small Enterprises Facilitation Council.
- S. 19Application for setting aside decree, award or order.
- S. 20Establishment of Micro and Small Enterprises Facilitation Council.
- S. 21Composition of Micro and Small Enterprises Facilitation Council.
- S. 22Requirement to specify unpaid amount with interest in the annual statement of accounts.
- S. 23Interest not to be allowed as deduction from income.
- S. 24Overriding effect.
- S. 25Scheme for closure of business of micro, small and medium enterprises.
- S. 26Appointment of Officers and other employees.
- S. 27Penalty for contravention of section 8 or section 22 or section 26.
- S. 28Jurisdiction of courts.
- S. 29Power to make rules.
- S. 30Power to make rules by State Government.
- S. 31Power to remove difficulties.
- S. 32Repeal of Act 32 of 1993.