A Division Bench of the Supreme Court in the case of Silpi Industries v. Kerala State Road Corporation, [Civil Appeal No. 1570-1578, decided on June 29, 2021], has decided upon the aspects of limitation, counter-claim and relevancy of the ‘time of registration’ under the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act”).
Issues before the Supreme Court:
Decision of the Supreme Court:
The Apex Court, inter-alia, held that:
Please find a copy of the judgment here.
This update has been contributed by R. Sudhinder (Senior Partner) and Dattatray Vyas (Principal Associate).
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