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Don't let late payments drain your business
Category: CA, Posted on: 13/02/2026
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Your small/medium business is the real backbone of India's economy, and your business deserve to be paid on time.

Here's your legal power-up:If you are a registered MSME, the MSMED Act, 2006, is your shield.

Payment Timelines: Buyers must pay within a maximum of 45 days (or 15 days if no written contract exists).
Late Payment Penalties: Buyers are legally required to pay compound interest at 3 times the RBI bank rate on overdue amounts.

This isn't a suggestion,it's a strict law.

There is a mandatory system in place (MSME Samadhaan) to force buyers to pay and penalize them for delays.

As Chartered Accountants Firm, we are specialized in assisting in the MSMED Act's recovery process, including:
1.Legal filings and follow-ups.
2.Collection procedures.
3.Ensuring recovery of both the principal amount and statutory interest.

Ready to get your dues?
Contact us today for a simple talk,or a chat about how we can take the payment stress off, while you focus on your business, not chasing money.

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