MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
NOTIFICATION S.O. 5621(E)- INSTRUCTION TO COMPANIES WITH TURNOVER OF MORE THAN INR 500 CRORE AND ALL CENTRAL PUBLIC SECTOR ENTERPRISES TO GET ON BOARD ON THE TRADE RECEIVABLES DISCOUNTING SYSTEM
The Ministry of Micro, Small and Medium Enterprises vide its Notification on November 2, 2018 has issued instructions to all companies registered under the Companies Act, 2013, having a turnover greater than INR 500 crore (Rupees five hundred crore) and Central Public Sector Enterprises (CPSE)to get onboard with TReDS. Readmore