By | November 24, 2020

Published in

Follow MSME Act procedure; no write

A firm with a grievance should not rush to the high court when there is an efficacious remedy under the Micro, Small and Medium Enterprises Development Act. In the case, Fives Stein India Project vs State of MP, an award was passed by the MSME Facilitation Council against the firm, which is engaged in manufacturing nuclear and thermal components. It had bought goods from Mahakaushal Refractories which was alleged to be sub-standard. The dispute was taken to the council, which gave an award against Fives Stein. It challenged the award in the high court. The court rejected the writ petition, stating that MSME Developement Act had provided the procedure for appeal and it should be followed.

Leave a Reply

Your email address will not be published. Required fields are marked *

 

Schedule A Meeting

We are available for advice

*This call is subject to firm's discretion