Section 24: Overriding effect.

Q: What does Section 24 of The Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act) deal with?

Section 24 MSME Act pertains to "Overriding effect.". It is part of the The Micro, Small and Medium Enterprises Development Act, 2006, a legislation enacted by the Parliament of India. Section 24 of The Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act) governs overriding effect. As verified on 19 May 2026.

Q: Is Section 24 MSME Act still in force?

Yes, Section 24 of the The Micro, Small and Medium Enterprises Development Act, 2006 is currently in force across the Republic of India.

Q: What is धारा 24 MSME Act?

धारा 24 MSME Act is the Devanagari Hindi reference for Section 24 of the The Micro, Small and Medium Enterprises Development Act, 2006. Section 24 of The Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act) governs overriding effect. As verified on 19 May 2026.

Q: What is Dhara 24 MSME Act?

Dhara 24 MSME Act is the Roman Hindi reference for Section 24 of the The Micro, Small and Medium Enterprises Development Act, 2006. "Dhara" means "Section" in Hindi. Section 24 of The Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act) governs overriding effect. As verified on 19 May 2026.

Q: How to cite Section 24 of The Micro, Small and Medium Enterprises Development Act, 2006?

Cite as: "Section 24, The Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act)" in legal briefs. For academic writing, use the BlueBook format: The Micro, Small and Medium Enterprises Development Act, 2006, 2006, § 24 (India).

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Tuesday, 28 July 2026

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Table of Contents

The Micro, Small and Medium Enterprises Development Act, 2006

Chapter V — DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES

Section 24

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.

Related Sections

§23

Interest not to be allowed as deduction from income.

MSME Act

§25

Scheme for closure of business of micro, small and medium enterprises.

MSME Act

§15

Liability of buyer to make payment.

MSME Act

§16

Date from which and rate at which interest is payable.

MSME Act

§17

Recovery of amount due.

MSME Act

§18

Reference to Micro and small Enterprises Facilitation Council.

MSME Act

Printed from Law on Tips • The Micro, Small and Medium Enterprises Development Act, 2006

PreviousSection 23

NextSection 25

Table of Contents

The Micro, Small and Medium Enterprises Development Act, 2006

Chapter V — DELAYED PAYMENTS TO MICRO AND SMALL ENTERPRISES

Section 24

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.