Ved Jain & Associates reposted this
The Ministry of Micro, Small, and Medium Enterprises (MSME) vide notification dated 07th November 2024 has mandated all Companies with a turnover exceeding ₹250 crore, and all Central Public Sector Enterprises (CPSEs), to register themselves on Trade Receivables Discounting System (TReDS) platform. The required Companies shall onboard themselves as "Buyers" on any of the three available TReDS platforms by March 31, 2025: 1. www.invoicemart.com 2. www.m1xchange.com 3. www.rxil.in #CorporateLawupdates #MSMEUpdates