Judgment briefs
Supreme Court of India

M/s Sonali Power Equipments Pvt. Ltd. v. Chairman, Maharashtra State Electricity Board, Mumbai & Ors.

(i) Whether the Limitation Act applies to conciliation proceedings u/s.18 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act),…

Partly allowed
Court
Supreme Court of India
Decided
17 Jul 2025
Citation
[2025] 7 S.C.R. 1144
Case no.
CIVIL APPEAL No. 9524/2025
Bench
Pamidighantam Sri Narasimha, Joymalya Bagchi

Issue for consideration

(i) Whether the Limitation Act applies to conciliation proceedings u/s.18 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act), and even if not, whether time-barred debts can be (ii) Whether the Limitation Act applies to arbitration proceedings u/s.18 of the MSMED Act, and whether time-barred debts can be referred to arbitration. Further, what is the effect of disclosure of the unpaid amount in the buyer’s financial statements as mandated u/s.22 on extending

Judgment PDF: M/s Sonali Power Equipments Pvt. Ltd. v. Chairman, Maharashtra State Electricity Board, Mumbai & Ors.
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