Overriding effect
Section 24 of the Micro, Small and Medium Enterprises Development Act, 2006 deals with overriding effect. The provisions of sections 15 to 23 shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force. The Act came into force on 02 Oct 2006.
The provisions of sections 15 to 23 shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force.
Section 24, The Micro, Small and Medium Enterprises Development Act, 2006 (Act 27 of 2006).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Related judgements & precedents
These are some judgments that construed this section, and hold precedence value. They hold authority on how to read, interpret and use this section.
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Total Application Software Co. Pvt. Ltd. (TASC) v. Ashoka Distillers & Chemicals Pvt. Ltd.
Court's Decision & Legal Precedent
Where a party entitled to recover amounts due under s.17 has not invoked the Facilitation Council under s.18, the MSMED scheme does not oust the Court’s power to appoint an arbitrator under Arbitration Act s.11; s.18’s ‘may’ is enabling, not a mandatory exclusive path until the Council is seized.
On this section: Limits s.24’s override to the post-reference Council track, preventing an unused MSMED option from nullifying ordinary arbitration jurisdiction.
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Indian Oil Corporation Ltd. & Ors. v. Haryana Micro and Small Enterprise Facilitation Council & Ors.
Court's Decision & Legal Precedent
Section 19’s deposit-gated setting-aside remedy presupposes an award of the Facilitation Council; ‘awards’ passed solely by empaneled facilitators without Council imprimatur are void and may be corrected in writ jurisdiction, while a valid Council award remains challengeable only via s.19 with 75% deposit.
On this section: Uses s.24’s override to invalidate Council practice that would graft ad-hoc private arbitration onto the MSMED scheme contrary to the Act’s institutional design.
The holding above is the ratio decidendi as extracted from the judgment by eCourts India, reproduced unaltered — it is a rendering of the court's reasoning, not a substitute for its words. Read the order itself before relying on it.
Questions about Section 24
What have the courts held on Section 24 of the Micro, Small and Medium Enterprises Development Act?
Total Application Software Co. Pvt. Ltd. (TASC) v. Ashoka Distillers & Chemicals Pvt. Ltd. (27 May 2025) is the leading judgment on this section among those set out below: Limits s.24’s override to the post-reference Council track, preventing an unused MSMED option from nullifying ordinary arbitration jurisdiction. Another 1 judgment on this section is set out below. They run from 2023 to 2025.
How do I find court cases under Section 24 of the Micro, Small and Medium Enterprises Development Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Micro, Small and Medium Enterprises Development Act 24, section 24 Micro, Small and Medium Enterprises Development Act, section 24 of the Micro, Small and Medium Enterprises Development Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 2 reported judgments on this section are set out on this page, beginning with Total Application Software Co. Pvt. Ltd. (TASC) v. Ashoka Distillers & Chemicals Pvt. Ltd. (27 May 2025).
What should I read with Section 24 of the Micro, Small and Medium Enterprises Development Act, and has it changed?
Its own text turns on section 15 (Liability of buyer to make payment), section 23 (Interest not to be allowed as deduction from income), so none of them can safely be read on its own.
When did Section 24 of the Micro, Small and Medium Enterprises Development Act come into force?
Section 24 of the Micro, Small and Medium Enterprises Development Act, cited as Micro, Small and Medium Enterprises Development Act 24, came into force on 02 Oct 2006, having been enacted on 16 Jun 2006. It is in force as at the date shown on this page.
Other sections of this Act
- 3. Establishment of Board885 words
- 7. Classification of enterprises763 words
- 2. Definitions619 words
- 8. Memorandum of micro, small and medium enterprises349 words
- 29. Power to make rules313 words
- 18. Reference to Micro and small Enterprises Facilitation Council290 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.