[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (II)]

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 15 July, 2024

S.O.  ….....(E).__ In exercise of the powers conferred by section 405 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following Order to amend the Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019 namely,

1 (1) This Order may ay be called the Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Amendment Order, 2024

(2) It shall come into force on the date of its publication in the Official Gazette

2 In the Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019 (herein after referred to as the said order),

(i) in paragraph 3, the following proviso shall be inserted, namely:

"Provided that only those specified companies which are having payments pending to any micro or small enterprises for more than 45 days from the date of acceptance or the date of deemed acceptance of the goods or services under section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) shall furnish the information in MSME Form-1."

(ii) in Annexure, for MSME Form-1, the following form shall be substituted, namely: -