| Sections |
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 |
