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J P Legal Associates > Legal Advice

SALIENT FEATURES OF THE MICRO, SMALL AND MEDIUM ENTERPRISES DEVELOPMENT ACT, 2006

1. This law is enacted with an object of promotion and development and enhancing the competitiveness of Micro, Small and Medium Enterprises ( “MSME”) 2. This Act has improved and repealed earlier legislation viz. Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertaking Act, 1993. 3. This Act has applicability of Arbitration and Conciliation Act, 1996. 4. This Act provides for definition of the “Small Enterprise” and “Medium Enterprise” which were not statutorily defined earlier. Section 2 (g) & (m)...

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LAW OF PRESUMPTIONS

Indian criminal justice system is based on the principle of “ let 100 criminals be released but one innocent should not be punished” So there is presumption of innocence of the accused. Ultimately an accused has right to maintain golden silence. Prosecution is burdened to prove its case beyond the reasonable doubt ...

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