Arbitration attempt mandatory after failure of conciliation under MSMED Act: Supreme Court

Proceedings for conciliation and arbitration under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act) cannot be clubbed, the Supreme Court held.
Arbitration
Arbitration

The Supreme Court recently held that proceedings for conciliation and arbitration under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act) cannot be clubbed (Jharkhand Urja Vikas Nigam Ltd v The State of Rajasthan and Ors).

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