Objective The main objective behind the introduction of this act was the speedy and swift recovery of debts which are significant for the growing economy and matching the international standards determining the Banking sector though the introduction of Asset Reconstruction in the Indian Markets. The importance for the introduction of this act was necessitated with … Continue reading THE BANKING SECTOR LEGAL SWORD: SARFAESI ACT, 2002
SMALL/MEDIUM COMPANY SHOULD EXPLORE THE LEGAL RECOVERY THROUGH MSME ACT
What is an MSME? MSMEs serve as auxiliary units to large companies and make a substantial contribution to the country's inclusive industrial growth. The MSMEs are expanding their sphere of influence across economic sectors and generating a wide range of goods and services to satisfy domestic and international markets. CLASSIFICATIONSBASED ON PLANT & MACHINERYANNUAL TURNOVER Manufacturing … Continue reading SMALL/MEDIUM COMPANY SHOULD EXPLORE THE LEGAL RECOVERY THROUGH MSME ACT
DUCTUS EDGE 