MSME Arbitral Award Challenged in HighCourt

MSME Arbitral Award Challenged in HighCourt

Delhi High Court Clarifies MSME Council’s Arbitration Powers and Limited Scope of Award Challenges. The judgment addresses important questions relating to the powers of MSME Facilitation Councils, arbitration procedure, and the limited scope of judicial interference with MSME arbitral award. In a significant decision concerning disputes under the Micro, Small and Medium Enterprises Development Act, … Read more

MSME CASES IN DRT-NPA Classification Illegal

MSME CASES IN DRT-NPA Classification Illegal

DRT Sets Aside SARFAESI Proceedings After Declaring MSME Loan Account NPA Classification Illegal. The Tribunal quashed the entire recovery proceedings, including auction and possession actions initiated by the bank. In a significant ruling dated 03 March 2026, the Debts Recovery Tribunal (DRT), Chandigarh held that: SARFAESI proceedings initiated against an MSME borrower were illegal because … Read more

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