Statutory Authority Can Only Entertain Dispute If Supplier Was Registered Under MSMED Act During Relevant Period: Madras High Court
In a recent judgment, the Madras High Court addressed critical issues under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) regarding the waiver of the pre-deposit requirement mandated under Section 19 of the Act. Case Summary: 1. Background: The applications numbered A.No.2059 & 2060 of 2024 were filed to request a waiver of the 75% pre-deposit requirement stipulated under Section 19 of the Micro, Small, and…
