Summary
- The Ministry of Micro, Small and Medium Enterprises has announced the commencement dates for key provisions of the Micro, Small and Medium Enterprises Development (Amendment) Act, 2026.
- Sections 2 to 7, 11, and 13 to 17 will take effect on 15 October 2026, while Section 12 will commence on 15 December 2026.
- Notably, Sections 8, 9, and 10 concerning dispute resolution have no assigned commencement date as per Notification S.O. 5575(E).
- Businesses must navigate these phased changes carefully to ensure compliance with the newly enacted provisions and upcoming rules.
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