CMA Final · Corporate and Economic Laws · Specific Legal Provisions related to MSME Sector
Section 24 of the MSMED Act, 2006 gives overriding effect to which provisions of the Act?
Section 24 gives overriding effect to sections 15 to 23 of the MSMED Act, 2006. These provisions apply notwithstanding anything inconsistent contained in any other law currently in force, so they prevail over conflicting laws.
- ASections 1 to 14
- BSections 15 to 23Correct
- CSections 24 to 30
- DSections 8 to 11
Explanation
Section 24 states that sections 15 to 23 have effect notwithstanding anything inconsistent in any other law for the time being in force. The other ranges are not given this overriding effect by that section.
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