In force
The Micro, Small and Medium Enterprises Development Act, 2006
16 sections · As amended up to 2026-08
Sections
- I — PRELIMINARY
- 1Short title and commencement
- 2Definitions
- II — NATIONAL BOARDFOR MICRO, SMALLAND MEDIUM ENTERPRISES
- 3Establishment of Board
- 4Removal of member from Board
- 5Functions of Board
- 6Powers and functions of Member-Secretary of Board
- III — CLASSIFICATION OF ENTERPRISES, ADVISORY COMMITTEE AND MEMORANDUM OF
- 7Classification of enterprises
- 8Memorandum of micro, small and medium enterprises
- IV — MEASURES FOR PROMOTION, DEVELOPMENT AND ENHANCEMENT OF
- 10Credit facilities
- 11Procurement preference policy
- 12Funds
- 13Grants by Central Government
- V — DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES
- 17Recovery of amount due
- 21Composition of Micro and Small Enterprises Facilitation Council
- VI — MISCELLANEOUS
- 29Power to make rules
- 31Power to remove difficulties