MSME

Dual Frameworks, Dual Obligations: MSME Restructuring under RBI Framework versus Enforcement under SARFAESI Act

Summary: The RBI’s MSME restructuring framework encourages early intervention and collaborative revival, while the SARFAESI Act enables swift creditor enforcement. Courts have clarified that MSMEs must proactively invoke restructuring protections before SARFAESI proceedings begin. The dual frameworks highlight the need for timely borrower action and balanced lender discretion to ensure rehabilitation is not sidelined by enforcement.Continue Reading Dual Frameworks, Dual Obligations: MSME Restructuring under RBI Framework versus Enforcement under SARFAESI Act

The Curious Case of Co- Lending Model

The Micro Small and Medium Enterprises (MSMEs) sector plays a crucial role in enhancing and ensuring India’s socio-economic development. The sector has gained significant importance due to its contribution to the country’s Gross Domestic Product (GDP) and exports.[1] A survey by International Labour Organisation indicates that MSMEs account for more than 70% of global employment and 50% of GDP[2].Continue Reading The Curious Case of Co- Lending Model