Micro, Small and Medium Enterprises Development Act, 2006 : Scheme for closure of business of micro,

Micro, Small and Medium Enterprises Development Act, 2006,2006

Act No : 27

Section : Scheme for closure of business of micro, small and medium enterprises.

25.Scheme for closure of business of micro, small and medium enterprises.- Notwithstanding anything contained in any law for the time being in force, the Central Government may, with a view to facilitating closure of business by a micro, small or medium enterprise, not being a company registered under the Companies Act, 1956, notify a Scheme within one year from the date of commencement of this Act.