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MSME DISPUTE RESOLUTION
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
Rs 8.1 lakh crore stuck in delayed MSME payments: Eco Survey 2026Delayed payments are crippling India's MSMEs, with Rs 8.1 lakh crore stuck, hindering growth. A new online dispute resolution system aims t...
Delayed payments to MSMEs in India decrease to Rs 7.34 lakh crore, but challenges Persist: ReportDelayed payments to MSMEs have reduced to ₹7.34 lakh crore as of March 2024, down from ₹8.27 lakh crore in 2023 and ₹10.7 lakh crore in 202...
Panel proposes wide-ranging reforms to ease regulatory burden on small businessesA NITI Aayog-led committee has proposed 17 reforms to alleviate regulatory and financial burdens on MSMEs. Key recommendations include expa...
Complex rules a hurdle for MSMEs, says Gauba Panel; Gives 38-pt agendaA high-level committee has proposed 38 reforms for India's MSME sector, environmental rules, FSSAI, and BIS. Key proposals include simplify...
Online dispute resolution portal to expedite resolution of payment delay cases concerning MSEs: PrezPresident Droupadi Murmu launched an online portal for resolving payment delays to MSMEs. This initiative aims to expedite case hearings an...
Online resolution for late MSE payments likely from next weekThe government is set to launch Online Dispute Resolution (ODR) next week to expedite delayed payment resolutions for micro and small enter...
NCLAT dismisses insolvency proceedings plea against HULThe NCLAT dismissed a plea against HUL by an operational creditor seeking insolvency proceedings. The NCLT had already rejected the plea, a...
MSME secretary bats for changes to MSMED actThe MSME Development Act is set for amendments to better protect small businesses and resolve disputes through an online system, according ...
India, Egypt identify international trade settlement, digital payments as focus areasIndia and Egypt have identified key areas for collaboration, including international trade settlement, digital payments, and investment in ...
MSME Act proposed to be amended to ensure expeditious paymentsThe Indian government plans to amend the MSME Development Act, 2006, to expedite payments to MSMEs with a more effective 45-day rule and on...
Most of top-level executives have positive perception of GST: Deloitte surveyA Deloitte survey shows growing confidence in India's GST among C-suite executives, with 84% perceiving it positively in 2024, up from 72% ...
Vivad se Vishwas: Govt settles over 43k MSME claims; refunds Rs 700 crAs many as 43,904 refund claims from MSMEs worth Rs 700 crore were settled by the government under the Vivad se Vishwas-I scheme. The schem...
MSMEs blame litigation tangle, cost for being a segment killerThe sluggish and ineffective legal system in India hampers entrepreneurial growth and adversely affects the MSME sector, FISME said.
Jupitice launches digital court to resolve disputes in MSME sectorThe AI-driven platform will resolve disputes that include civil, commercial, personal, consumers under the Private Justice System.
Govt asked Central Public Sector Enterprises, firms with Rs 500 cr turnover to get on-board TReDS: Narayan RaneTrade Receivable Discounting System (TReDS) is an electronic platform for facilitating the discounting of trade receivables of MSMEs throug...
World Bank approves $500 mn program to help boost India's MSME sectorOut of some 58 million MSMEs in India, more than 40 percent lack access to formal sources of finance.
Centre promulgates IBC amendment ordinance to allow pre-packaged insolvency for MSMEsA pre-packaged resolution essentially translates to a company preparing a restructuring plan with its creditors before initiating insolvenc...
Budget Session: Key issues addressed in the ParliamentThe finance ministry on Monday said that the financial health of state-run lenders has improved significantly on account of timely recapita...
EEPC India seeks expansion of Sabka Vishwas scheme to matters relating to customsIn a letter to the Central Board of Direct Taxes (CBDT) , the EEPC India has stated that the Sabka Vishwas (Legacy Dispute Resolution) Sche...