Micro, Small And Medium Enterprises Development Act, 2006

Section - 1 - Short title and commencement

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Section - 2 - Definitions

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Section - 3 - Establishment of Board

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Section - 4 - Removal of member from Board

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Section - 5 - Functions of Board

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Section - 6 - Powers and functions of Member-Secretary of Board

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Section - 7 - Classification of enterprises

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Section - 8 - Memorandum of micro, small and medium enterprises

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Section - 9 - Measures for promotion and development

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Section - 10 - Credit facilities

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Section - 11 - Procurement preference policy

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Section - 12 - Funds

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Section - 13 - Grants by Central Government

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Section - 14 - Administration and utilisation of Fund or Funds

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Section - 15 - Liability of buyer to make payment

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Section - 16 - Date from which and rate at which interest is payable

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Section - 17 - Recovery of amount due

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Section - 18 - Reference to Micro and Small Enterprises Facilitation Council

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Section - 19 - Application for setting aside decree, award or order

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Section - 20 - Establishment of Micro and Small Enterprises Facilitation Council

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Section - 21 - Composition of Micro and Small Enterprises Facilitation Council

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Section - 22 - Requirement to specify unpaid amount with interest in the annual statement of accounts

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Section - 23 - Interest not to be allowed as deduction from income

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Section - 24 - Overriding effect

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Section - 25 - Scheme for closure of business of micro, small and medium enterprises

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Section - 26 - Appointment of officers and other employees

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Section - 27 - Penalty for contravention of section 8 or section 22 or section 26

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Section - 28 - Jurisdiction of Courts

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Section - 29 - Power to make rules

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Section - 30 - Power to make rules by State Government

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Section - 31 - Power to remove difficulties

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Section - 32 - Repeal of Act

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