Micro, Small & Medium Enterprise

MSMEs are businesses classified by size, revenue, and employees, contributing significantly to employment and economic growth.

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Banking & Financial Disputes

MSMEs often encounter disputes with banks and financial institutions over issues such as wrongful debit, loan defaults, NPA classification, and SARFAESI proceedings. Our Banking & Financial Disputes service offers legal representation and advisory to protect MSMEs from arbitrary recovery actions, negotiate restructuring, and challenge unlawful banking practices.

What is Micro, Small & Medium

Micro

Investment

Upto 1 crore

Turnover

Upto 5 crore

Small

Investment

Upto 10 crore

Turnover

Upto 50 crore

Medium

Investment

Upto 50 crore

Turnover

Upto 250 crore

Micro, Small & Medium

Micro

Investment
1 crore +

Turnover
5 crore +

Small

Investment
10 crore +

Turnover
50 crore +

Medium

Investment
50 crore +

Turnover
250 crore +

Advantages

Advantages
of MSME
TProtection against coercive recovery actions
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Representation in SARFAESI and DRT proceedings
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Resolution of disputes over loan terms and charges
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Assistance in restructuring and one-time settlements
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Legal remedies for wrongful debits and freezing of accounts
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Negotiation with lenders on behalf of the borrower
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Guidance on RBI circulars and borrower rights
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Preservation of business continuity during financial distress
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Step by Step

Review of loan agreements and account statements

Identification of dispute and applicable legal provisions

Issuance of representations to the bank

Filing of complaints before Banking Ombudsman/DRT

Step Flow

Defense in SARFAESI proceedings (e.g., Section 13(2)/(4))

Application for interim relief or stay on recovery

Negotiation for settlement or restructuring

Litigation support in high courts if required

Step By Step

All directors and subscribers must obtain DSC for digitally signing incorporation documents electronically.
Directors must secure a DIN from the MCA to be legally recognized as company directors.
Apply for name approval through SPICe+ (MCA portal), ensuring it aligns with business objectives and is not already registered.
Submit key documents including Memorandum of Association (MoA), Articles of Association (AoA), SPICe+ Form, and declarations by directors.
Upon MCA approval, the company receives a Certificate of Incorporation, including PAN & TAN registration.
Open a corporate bank account, register with SEBI (if applicable), comply with ROC filings, GST, and taxation requirements, and issue shares as per regulations.