Filing of Entrepreneur Memorandum Not Mandatory under the MSME Act: Himachal Pradesh High Court

The Himachal Pradesh High Court has held that filing an Entrepreneur Memorandum is not a mandatory requirement for micro and small enterprises under the Micro, Small and Medium Enterprises Development Act, 2006. Justice Sandeep Sharma clarified that these enterprises are not bound to submit the memorandum within 180 days of commencement of the Act, because a 2007 government notification made the filing voluntary. Clarification On Entrepreneur Memorandum The Court observed…