Section 1 of MSMED Act, 2006: Short title and commencement of MSMED Act 2006

The Micro, Small and Medium Enterprises Development Act, 2006[No. 27 of 2006][16th June, 2006] An Act to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith or…

Section 2 of MSMED Act, 2006: Definitions of MSMED Act 2006

The Micro, Small and Medium Enterprises Development Act, 2006 Chapter-I Preliminary Section 2: Definitions. 2. In this Act, unless the context otherwise requires,— (a) “Advisory Committee” means the committee constituted by the Central Government under sub-section (2) of section 7; (b)…

Section 6 of MSMED Act, 2006: Powers and functions of Member-Secretary of Board

The Micro, Small and Medium Enterprises Development Act, 2006 Chapter-II National Board for Micro, Small and Medium Enterprises Section 6: Powers and functions of Member-Secretary of Board. 6. Subject to other provisions of this Act, the Member-Secretary of the Board…

Section 7 of MSMED Act, 2006: Classification of enterprises

The Micro, Small and Medium Enterprises Development Act, 2006 Chapter-III Classification of Enterprises, Advisory Committee and Memorandum of Micro, Small And Medium Enterprises Section 7: Classification of enterprises. 7. (1) Notwithstanding anything contained in section 11B of the Industries (Development…

Section 8 of MSMED Act, 2006: Memorandum of micro, small and medium enterprises

The Micro, Small and Medium Enterprises Development Act, 2006 Chapter-III Classification of Enterprises, Advisory Committee and Memorandum of Micro, Small And Medium Enterprises Section 8: Memorandum of micro, small and medium enterprises. 8. (1) Any person who intends to establish,—…

Section 9 of MSMED Act, 2006: Measures for promotion and development

The Micro, Small and Medium Enterprises Development Act, 2006 Chapter-IV Measures for Promotion, Development and Enhancement of Competitiveness of Micro, Small and Medium Enterprises Section 9: Measures for promotion and development. 9. The Central Government may, from time to time,…