Start learning 50% faster. Sign in now
The MSMED Act, 2006 focuses on the promotion and development of MSMEs in India by providing a legal framework for their growth, facilitating access to finance, and ensuring easier registration. In contrast, the Insolvency and Bankruptcy Code (IBC), 2016 provides a detailed insolvency resolution process for firms, including MSMEs. Section 240A of the IBC specifically offers MSMEs a special protection in the insolvency process, providing them with a different resolution approach as compared to other companies. The MSMED Act facilitates growth, while the IBC addresses insolvency concerns with provisions specially designed for MSMEs, balancing protection and debt resolution.
The electoral college for vice president consists of the members of-
What is the chemical formula of baking soda?
"The compassion to share with and patronize lives is a primary virtue praised by many scriptures".
According to Thiruvalluvar, which of the fo...
Duckweeds, Water hyacinths and Water ferns belong to which category of plants?
Which state of India has the maximum length of state Highways as of March 2016?
The Gurjara-Pratihara dynasty was founded by _____in the region in Malwa in the eighth century.
Which of the following is not correctly matched?
The Government of India has announced to give Padma Shri award for the year 2023 to how many personalities of Rajasthan?
Which state of India shares its border with least number of states?