New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to section 18 of the MSMED Act any party to a

    dispute may, with regard to any amount due under section 17, make a reference to the _____________
    A High Court Correct Answer Incorrect Answer
    B Consumer Court Correct Answer Incorrect Answer
    C National Company Law Tribunal Correct Answer Incorrect Answer
    D Micro and Small Enterprises Facilitation Council Correct Answer Incorrect Answer

    Solution

    Section 18. Reference to Micro and small Enterprises Facilitation Council: (1) Notwithstanding anything contained in any other law for the time being in force, any party to a dispute may, with regard to any amount due under section 17, make a reference to the Micro and Small Enterprises Facilitation Council.

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