Budget paves the way to resolve MSME dues
After the product or service has been delivered, the MSME law states that no customer can delay payments for more than 45 days to the vendor. This is a protective clause because of the extreme financial vulnerability of the MSME. But in practice it is rarely enforced. The bane of the MSME is delayed payment
State Of Tamil Nadu Tamil Nadu Parliamentary Standing Committee On Standing Committee Indian Railways Parliamentary Standing Committee
Source: freepressjournal.in