AdvertisementIndia Glycols Limited And Another Vs Micro And Small Enterprises Facilitation Council (Supreme Court of India) The Supreme Court granted leave and considered an appeal arising from proceedings initiated by the second respondent, M/s S R Technologies (Unit II), before the Micro and Small Enterprises Facilitation Council, Medchal–Malkajgiri under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act). The Facilitation Council, by its award dated 28.10.2021, allowed the claim for the principal amount of Rs. 40,29,862 and awarded interest with monthly rests at three times the ...