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Court Can Appoint Arbitrator U/S 11(6) Of Arbitration Act If MSME Council Fails To Initiate Mediation U/S 18 Of MSMED Act: Delhi HC
The Delhi High Court bench of Justice Jasmeet Singh has held that When the Facilitation Council under the Micro, Small, and ...
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Court Upholds MSMED Act Over Arbitration Agreement In IT Services Dispute
The Court ruled that the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, being a specific legislation, would override the provisions of the Arbitration and Conciliation Act ...
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Can writ courts intervene in MSEFC disputes? SC refers to Constitution bench
Under Section 18 of the MSMED Act, disputes involving delayed payments to micro or small enterprises must first undergo mandatory conciliation, failing which the MSEFC can either arbitrate the ...
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Budget 2024: Repercussions of delayed payments to micro & small entities – amendments are much needed
Sandeep Choudhary, partner at Yoshita & Co, a firm of chartered accountants points out, “The proviso to section 15 of the MSMED Act, restricts the credit period to a maximum of 45 days ...
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Withdrawal Of MSMED Council Application Does Not Preclude Arbitration U/S 11, Even Without Council's Response: Delhi High Court
The Delhi High Court bench of Justice Subramonium Prasad held that withdrawal of an application before the MSMED Council does not bar a party from seeking the appointment of an arbitrator ...