Western India Regional Council of
The Institute of Chartered Accountants Of India

Law Update Details

 
March 2019 CA. Rahul Joglekar
 

MCA (www.mca.gov.in)


MCA notification No.SO 368(E) Dated 22nd January 2019 – Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019


MCA has directed that that all companies, who get supplies of goods or services from MSME vendors and whose payments exceed 45 days, shall submit a half yearly return in MSME FORM I to MCA providing the amount of payment due and the reasons for the delay. For a complete text of this notification, please refer the link:


http://www.mca.gov.in/Ministry/pdf/MSMESpecifiedCompanies_22012019.pdf

 

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