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of <h1>MSMED Act dispute resolution rules updated via Mediation Act 2023 Seventh Schedule, changing Section 62 with legal effects</h1> Section 62 amends the Micro, Small and Medium Enterprises Development Act, 2006 by incorporating the amendments set out in the Seventh Schedule to the Mediation Act, 2023. The operative effect is that the MSMED Act, 2006 stands modified in accordance with those scheduled changes, with legal consequences flowing from the substituted, inserted, or omitted provisions as specified in the Seventh Schedule.
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