Blogs & Articles

This blog explains the legal remedies available to MSMEs facing delayed payments under the MSMED Act, 2006. It breaks down the statutory payment timeline and compound interest liability under Sections 15 and 16, the recovery route through the Micro and Small Enterprise Facilitation Council under Sections 17 and 18, and the 75% pre-deposit requirement under Section 19 that discourages buyers from using appeals as a delay tactic.

This blog explains what happens when a company's name is struck off the ROC register on the Registrar's own motion under Section 248 of the Companies Act, and why that isn't necessarily final. It walks through the statutory remedy available under Section 252 — restoration of the company's name through the NCLT — including who can file such an appeal, the time limit involved, and the kind of documentary evidence the Tribunal typically expects before granting restoration.

While Section 241 provides a remedy against oppression and mismanagement in the affairs of the company, Section 59 focuses on rectifying the register of members and correcting shareholding records.