DharTeeLegal
MSME Legal Process Diagram

If you have a Udyam Registration (MSME), you are legally protected under the MSMED Act, 2006. If a buyer doesn't pay you within 45 days, they are liable to pay compound interest at 3 times the bank rate.

  • Cases are monitored by the Micro & Small Enterprise Facilitation Council (MSEFC).

  • If the buyer wants to appeal against you, they must deposit 75% of the award amount first.