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Treatise on Micro Small and Medium Enterprises
From Commercial Law Publishers
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Description
Commercial’s Treatise on Micro, Small and Medium Enterprises is a comprehensive and authoritative work covering the legal, regulatory, policy, and financial framework governing MSMEs in India. Authored by Dr. Rajeev Babel (FCS & Insolvency Professional), this 2nd Edition 2026 incorporates the latest statutory developments, policy reforms, and judicial interpretations affecting the MSME sector.
The book provides a structured and practical analysis of MSME laws, including the MSMED Act, 2006, insolvency and bankruptcy aspects, credit and finance mechanisms, government schemes, dispute resolution, restructuring, and rehabilitation of stressed MSMEs. It also highlights India’s evolving MSME ecosystem in the context of Make in India, Start-up India, Ease of Doing Business, and global best practices.
Written in a clear and accessible manner, the book is an indispensable reference for lawyers, company secretaries, chartered accountants, insolvency professionals, bankers, policymakers, MSME entrepreneurs, academicians, and students.
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Content
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Evolution of MSME Policy in India
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Historical background and policy reforms
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Industrial policy developments and MSME growth
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Concept, Definition & Classification of MSMEs
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Micro, Small and Medium Enterprises
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Revised classification criteria
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Registration and recognition framework
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Statutory Framework Governing MSMEs
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Micro, Small and Medium Enterprises Development Act, 2006
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Key rights, obligations, and compliance requirements
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Institutional & Administrative Framework
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Central and State authorities
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Role of MSME ministries and agencies
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Promotion, Development & Support of MSMEs
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Government schemes and incentives
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Technology upgradation and skill development
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Cluster development programmes
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Credit, Finance & Banking Support
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MSME financing mechanisms
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Credit guarantee schemes
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Role of banks, NBFCs, and financial institutions
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Delayed Payments & Dispute Resolution
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MSME facilitation councils
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Recovery of dues and interest provisions
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Insolvency, Restructuring & Rehabilitation of MSMEs
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Insolvency and Bankruptcy Code, 2016
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Special framework for MSME insolvency
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Revival and restructuring mechanisms
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| Treatise on Micro Small and Medium Enterprises |
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