MCQ
Delayed Payments MCQ - Practice Questions with Answers
Solve 1 Delayed Payments questions for RAS/RPSC preparation.
Practice questions
Q1Match the stages in a delayed-payment dispute with the timelines introduced by the MSME Development (Amendment) Bill, 2026: 1. Completion of conciliation — 90 days from the date fixed for the first appearance 2. Referral to arbitration — 30 days from the end of conciliation 3. Making of the award — 90 days from completion of pleadings Which of the pairs given above are correctly matched?
Explanation
All three pairs are correct. Conciliation must finish within 90 days from the date fixed for the first appearance; referral must occur within 30 days after conciliation ends; and the award must be made within 90 days after pleadings are completed.
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