Traders are not eligible to Access Facilitation Councils for Delayed Payment Provisions under MSMED Act
In a recent development, traders who have registered themselves as MSMEs on the Udyam portal are not eligible to access Facilitation Councils for delayed payment provisions under the Micro, Small, and Medium Enterprises Development (MSMED) Act[1]. This article aims to provide an in-depth understanding of this decision and its implications for traders and MSMEs. Background: […]