News & Events

MSME Seminar on Importance of Payments Delay

Amicus Publico LLP hosted a Seminar-cum-Legal Awareness Camp

Amicus Publico LLP hosted a Seminar-cum-Legal Awareness Camp today, shedding light on the pervasive issue of delayed payments plaguing Micro, Small, and Medium Enterprises MSME Titled “Importance of Delayed Payments Recovery under MSMED Act, 2006 and Impact of Access to Justice for MSME Companies,” the event took place on 28 June 2024 at Hotel Marriott, Jaipur. The seminar aimed to educate MSME owners on their legal rights and remedies under the MSMED Act.

The event was a cornerstone of our year-long campaign to promote Alternative Dispute Resolution (ADR), especially mediation, as an effective mechanism for reducing the judicial burden and fostering community harmony.

MSME Seminar on Importance of Payments Delay

Introduction Commitment

Suhani and Mishu Jain introduced Amicus Publico LLP and underscored the firm’s commitment to delivering comprehensive legal solutions.

Overview of the MSMED Act

Advocate Anuradha Upadhyay, a seasoned legal professional with extensive experience in corporate litigation, delivered an insightful overview of the MSMED Act. She meticulously detailed Sections 18 (2) and 18(3), emphasizing their significance in safeguarding MSME interests.

Supreme Court Rulings and Key Sections

Following Advocate Upadhyay, Advocate Ganesh Sharma shared recent Supreme Court rulings on limitation periods and provided an overview of Sections 15 and 16 of the MSMED Act, 2006. Advocate Sharma’s expertise in various litigation domains, including banking and consumer disputes, enriched the session.

Initiatives and Support for MSMEs

Sunita Sharma, General Secretary of Laghu Udyog Bharati, Jaipur Region, highlighted initiatives promoting self-reliance and women empowerment. Shilpi Purohit, Joint Commissioner of the Department of Industries and Commerce, underscored efforts in entrepreneurship awareness. Sanjay Meena, Assistant Director at the Ministry of MSME, discussed intellectual property rights’ role in supporting MSME growth.
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