Legislation

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2015

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2015 is  to (i) enhance the existing limit for investment in plant and machinery considering changes in price index and cost of inputs consistent with the emerging role of the MSMEs in various Global Value Chains, (ii) include medium enterprises apart from small enterprises in section 7(9) to enable the aforesaid category of

The Commercial Courts, Commercial Division And Commercial Appellate Division of High Courts Act , 2015

The Act essentially introduces setting up of a Commercial Court at District level and a Commercial Division in the High Court, having ordinary original civil jurisdiction to deal with Commercial Dispute of a Specified Value, not being less than Rs.1,00,00,000 or such higher value as may be notified by the Central Government.