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The Micro, Small And Medium Enterprises Development 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 incidental thereto.Whereas a declaration as to expediency of control of certain industries by the Union was made under section 2 of the Industries (Development and Regulation) Act, 1951;And whereas it is expedient to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith or incidental thereto;Be it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:—
Sections:
- CHAPTER I Preliminary
- CHAPTER II National board for micro, small and medium enterprises
- CHAPTER III Classification of enterprises, advisory committee and memorandum ofmicro, small and medium enterprises
- CHAPTER IV Measures for promotion, development and enhancement of competitiveness of micro, small and medium enterprises
- CHAPTER V Delayed payments to micro and small enterprises
- CHAPTER VI Miscellaneous
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