Section 25:
Scheme for closure of business of micro, small and medium enterprises.
Notwithstanding
anything contained in any law for the time being in force, the Central Government may, with a view to
facilitating closure of business by a micro, small or medium enterprise, not being a company registered
under the Companies Act, 1956 (1 of 1956), notify a Scheme within one year from the date of
commencement of this Act.