CHAPTER V DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES

Liability of buyer to make payment : (Section 15 in The Micro Small and Medium Enterprises Development Act 2006)
Date from which and rate at which interest is payable : (Section 16 in The Micro Small and Medium Enterprises Development Act 2006)
Recovery of amount due : (Section 17 in The Micro Small and Medium Enterprises Development Act 2006)
Reference to Micro and small Enterprises Facilitation Council : (Section 18 in The Micro Small and Medium Enterprises Development Act 2006)
Application for setting aside decree award or order : (Section 19 in The Micro Small and Medium Enterprises Development Act 2006)
Establishment of Micro and Small Enterprises Facilitation Council : (Section 20 in The Micro Small and Medium Enterprises Development Act 2006)
Composition of Micro and Small Enterprises Facilitation Council : (Section 21 in The Micro Small and Medium Enterprises Development Act 2006)
Requirement to specify unpaid amount with interest in the annual statement of accounts : (Section 22 in The Micro Small and Medium Enterprises Development Act 2006)
Interest not to be allowed as deduction from income : (Section 23 in The Micro Small and Medium Enterprises Development Act 2006)
Overriding effect : (Section 24 in The Micro Small and Medium Enterprises Development Act 2006)
Scheme for closure of business of micro small and medium enterprises : (Section 25 in The Micro Small and Medium Enterprises Development Act 2006)