Tag Archives: MSME

Empowering MSMEs: Dispute Resolution through Arbitration under the MSMED Act, 2006

For the benefit of Micro and Small Enterprises (MSEs), the MSMED Act includes a special dispute resolution procedure. The major characteristic of this framework and the legal standpoints with precedents are explained in this article.

PRE PACKAGED INSOLVENCY

Formal insolvency proceedings are cumbersome to carry forward and involve significant direct and indirect costs so a time-efficient approach is introduced to decrease the load of courts and tribunals for which “Pre Package Insolvency proceedings” are an analogy. As the literal meaning suggests, Pre-pack insolvency means a pre-arrangement  between the creditor and the interested buyer priorContinue reading “PRE PACKAGED INSOLVENCY”