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    <description>Section 18 provides a statutory route for recovery of delayed payments by referring disputes to the Micro and Small Enterprises Facilitation Council, which conducts conciliation or refers the matter for arbitration; the provision contains non obstante language, imports specified provisions of the Arbitration and Conciliation Act for proceedings under the MSME framework, and confers jurisdiction on the Facilitation Council or designated centres to act irrespective of prior arbitration agreements, with a statutory mandate for timely disposal.</description>
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