MSME Law & Delayed Payment Hub: Action Checklist
MSME Law & Delayed Payment Hub: Action Checklist: practical Indian finance and law guidance from Finin2min.
Use this checklist to convert reading into an assigned, evidenced action.
Core controls
- Confirm classification and Udyam status
- Embed payment and acceptance terms in contracts
- Track the 45-day outer limit
- Compute statutory interest separately
- Preserve invoice, delivery and dispute evidence
Evidence room
- Udyam certificate valid at the relevant time
- purchase order and acceptance evidence
- invoice and delivery proof
- buyer confirmation and ledger reconciliation
- MSEFC/ODR filings and interest computation