https://www.taxtmi.com/caselaws?id=459004 Section 18(1) of the MSMED Act is described as a supplier-centric recovery mechanism tied to amounts due under section 17, and its overriding effect under section 24 operates only after a reference is actually made to the Facilitation Council. The commentary states that this framework does not automatically bar a section 11 application under the Arbitration and Conciliation Act where no Council reference has been made. It also notes that a written arbitration agreement may be established through a service order, exchanged emails and a section 21 notice under section 7(4)(b), while objections based on an even number of arbitrators, stamping, and prematurity are treated as unsustainable on the stated facts. en-us Mon, 26 Jun 2023 00:00:00 +0530 Mon, 25 Nov 2024 21:08:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459004 Section 18(1) of the MSMED Act is described as a supplier-centric recovery mechanism tied to amounts due under section 17, and its overriding effect under section 24 operates only after a reference is actually made to the Facilitation Council. The commentary states that this framework does not automatically bar a section 11 application under the Arbitration and Conciliation Act where no Council reference has been made. It also notes that a written arbitration agreement may be established through a service order, exchanged emails and a section 21 notice under section 7(4)(b), while objections based on an even number of arbitrators, stamping, and prematurity are treated as unsustainable on the stated facts. Case-Laws Indian Laws Mon, 26 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459004