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Search Results for "MSME facilitation council"

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High Court

Bombay High Court Rejects Challenge to MSME Council Arbitral Award Due to Absence of Statutory Deposit and Unexplained Delay. Court Holds That a Large Corporate Cannot Claim Internal Administrative Delays as Sufficient Cause Under Section 34(3) of the Arbitration Act, 1996 and Section 19 of the MSMED Act 2006.

11 Jul 2025

The Bombay High Court, in its ordinary original civil jurisdiction, dealt with a challenge under Section 34 of the Arbitration and Conciliation Act, 1...

Supreme Court

Supreme Court Allows Secured Creditor's Appeal in Priority Dispute Between SARFAESI Act and MSMED Act. SARFAESI Act's Express Priority Provisions Under Section 26E Prevail Over MSMED Act's Recovery Mechanism, as No Conflict Exists and Priority Must Be Expressly Provided.

5 Jan 2023

The dispute arose from conflicting recovery claims under the SARFAESI Act and MSMED Act against a debtor, Mission Vivacare, which had defaulted on loa...

High Court

High Court of Karnataka Allows Petition for Appointment of Arbitrator Under Arbitration and Conciliation Act, 1996, Rejecting MSMED Act Jurisdiction Bar. The court held that Section 18(4) of the Micro, Small and Medium Enterprises Development Act, 2006 does not bar a Section 11 application unless a reference is made to the Facilitation Council, and appointed an arbitrator as per the arbitration clause in the agreement.

9 Feb 2026

The dispute arose from a 'Bizom Customer Agreement' dated 21.02.2023 between the petitioner and respondent, containing an arbitration clause (clause 1...

High Court

High Court of Bombay Hears Arbitration Petition Under Section 11 of Arbitration Act in Stockist Agreement Dispute. Respondent Raises Preliminary Objections Based on MSMED Act and Alleged Forgery of Arbitration Agreement.

14 Aug 2019

The arbitration petition under Section 11(6) of the Arbitration and Conciliation Act, 1996 was filed by the petitioner, a proprietary concern acting a...

High Court

High Court Dismisses Petition Challenging Arbitral Award Under Section 34 of Arbitration and Conciliation Act, 1996 - Upholds Arbitral Tribunal's Jurisdiction and Interest Award Under MSMED Act. Court held that remedy under Section 18 of Micro, Small and Medium Enterprises Development Act, 2006 is optional, not exclusive, and ad hoc arbitration permissible, with interest under Section 16 MSMED Act upheld.

10 Mar 2026

The dispute arose from a contract for supply of VRLA batteries between Petitioner, a government enterprise, and Respondent, a company registered under...

Supreme Court

Supreme Court Dismisses Appeal Against Pre-Deposit Order Under MSME Act, Upholding Mandatory 75% Requirement. The Court Held That Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 Mandates Pre-Deposit for Challenging Awards, With Discretion Limited Only to Allowing Instalment Payments in Cases of Undue Hardship.

8 Oct 2021

The Supreme Court of India heard a civil appeal arising from a dispute between Gujarat State Disaster Management Authority and M/s Aska Equipments Lim...

High Court

Bombay High Court Dismisses Writ Petition Challenging Extension of Arbitral Mandate Under Section 29-A of Arbitration and Conciliation Act, 1996. District Court's Appointment of Sole Arbitrator Upheld as Petitioner's Non-Participation Caused Delay.

14 Sep 2022

The Petitioner, M/s. Magnum Opus IT consulting Private Limited, a company engaged in e-governance, challenged an order dated 03/02/2021 passed by the ...

Supreme Court

Supreme Court Dismisses Appeal in MSME Arbitration Execution Dispute, Upholding High Court's Ruling on Nullity Plea and Jurisdiction. Arbitral Award Remains Executable Despite Insolvency Resolution Plan Approving Claim at Nil, as Facilitation Council's Jurisdiction Not Extinguished Under Section 31 Insolvency and Bankruptcy Code, 2016.

21 Apr 2025

The appeal arose from a dispute under the Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act), where the respondent filed claim petit...

High Court

Bombay High Court Allows Exclusion of 1854 Days for Filing Challenge to MSME Award Due to Bona Fide Prosecution in Wrong Forum and COVID-19. Period from 5 April 2017 to 1 November 2022 excluded under Section 14 of Limitation Act, 1963 read with Section 34(3) of Arbitration and Conciliation Act, 1996.

20 Dec 2023

The applicant, Bharat Electronics Limited, filed an Interim Application seeking exclusion of 1854 days from 5 April 2017 to 1 November 2022 for comput...

High Court

Bombay High Court Decrees Suit in Favour of Financial Advisor in Commercial Summary Suit for Professional Fees — Interpretation of Mandate Letter Options for Success Fee on Cash Sales of NPAs. Court holds that where the Bank exercised option of 100% cash sales, the Financial Advisor is entitled to success fee at the higher rate of 0.50% on cash received, as per option (a) of the Mandate Letter dated 1 July 2017.

25 Feb 2025

The Plaintiff, Special Situation Advisors (India) Pvt. Ltd., a company registered under the Companies Act, 1956, engaged in providing financial adviso...

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