Question
Under the MSMED Act, 2006, what is the interest rate
that a buyer must pay to an MSME supplier if payment is delayed beyond the agreed date?Solution
If payment is delayed beyond the agreed date, the buyer must pay compound interest with monthly rests at three times the Bank Rate notified by the Reserve Bank of India. Â
A company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days ______________
What does the principle of Noscitur a Sociis suggest about interpreting the meaning of words in a statute?
The Court of a Chief Judicial Magistrate may pass any sentence authorised by law except __________________________
“No person shall be compelled to be a witness against himself” is a ?
Which set of rules outlines the procedures that SEBI's adjudicating officers must follow when conducting inquiries and determining penalties?
How should wages be paid according to the Code on Wages?
According to the provisions of the MSMED Act, how is the treatment of the amount of interest payable or paid by any buyer for the purposes of computatio...
In the first meeting, what majority vote is required by the committee of creditors to either confirm or replace the interim resolution professional with...
If the positions of President and Vice President are vacant, who among the following officiates as the President of India
The accused shall be supplied the copy of police report______
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