MSME Development Act 2006 - Micro, Small and Medium Enterprises, Entrepreneurship & Small Business Video Lecture | Entrepreneurship & Small Businesses - B Com

hello friends I am Shantanu your coach
and now we are going to cover micro
small and medium enterprises Development
Act 2006 first let's see the
introduction of this act the name of
this act is micro small medium
enterprises Development Act 2006 this
Act came into force on 2nd of October
2006 there are total 32 sections and
there are two important shedule should
you'll one miracle a format of
enterpreneur memorandum Junko Falconer
Ithaca format they require or second
schedule medical procedure of filing the
enterpreneur memorandum up nam say he is
a key nam say he object kapha clear
Hosea had the object of this act is to
promote develop and enhance the
competitiveness of micro small and
medium enterprises a micro small or
medium enterprises Quijote higher
Bharati important is may is key
definition some Arabic Nabila to
understand the definition of a micro
medium and small you have to refer to
section simultaneously velodrome Co the
Ignite section number 2 just may a terms
defined year or if it is the actual
explanation your Derrick I have what
they require section 7 1 min to your
dunno sections refer Kirky up with a
concept Lea Regina
so first let's see the section 2 section
2 H may define G I have my croco - MS
small go and - GM a medium coke or iske
definition but I simpler micro
enterprise means enterprise classified
under sub clause 1 of section 7 1a or 7
1 B year 13 o definition my common ya
parameter acceptor only sub-clause one
subclass two or sub closed three Ethne
he changes in t no key definition may
under Section two so micro enterprise
means Enterprise as defined under sub
lost one of seven one eight seven one be
small enterprise means enterprise
defined under subclass two of seven one
eight seven 1v and medium enterprise
means enterprise defined under subclass
three of seven one a and seven one be
other exam askew percussion Arthur has
the opcode Aegis section to head to h2 m
ore 2g gia has a in key definition start
Kearney or escape pod hums Angus section
seven one five now let's see the
definition of supplier which is given
under Section 2 n you bought the
important definition exam as a key
supplier means micro or small enterprise
on signal micro or small enterprise
medium Co a hopper nájera Kyle micro or
small enterprise which has filed a
memorandum under section 8 1 so cable
micro or small enterprise to supply
Ernie kangay se micro or small
enterprise disney file key ahem
memorandum under section 8 1 and
includes so supplier includes national
small industries corporation being a
computer under can be Zach ii small
industrial development corporation of
the state or Union Territory being a
company registered under the Companies
Act so a B AB Nevada no Jo inclusion key
a hair snare on donaga condition ki KI
would register the company on each AAA
under the Companies Act national small
Industries Corporation and small
industries Development Corporation and
third it includes any company
cooperative society trust or a body by
whatever name called registered or
constituted under any law for the time
being and engaged and these are engaged
in selling of goods produced by micro or
small enterprise and rendering services
which provided by the
such enterprise so is definition burger
a beyond today can get the supplier key
category may micro or small enterprise
are
as a micro small Joe infile gotta have
memorandum with under Section eight one
or sat may I see companies either T hair
cooperative society trustee Abadi as a
TA Joe in kg of product M micro a small
enterprise kg of product a on key
services a won't say Lake a market
Michele can say hey to in companies
cooperative society traceur body copy
supplier manager