New Delhi, April 23 -- Micro and small enterprises that face delayed payment issues from large businesses are shying away from resolving their disputes at the Micro and Small Enterprises Facilitation Councils (MSEFCs) and approaching courts instead to secure payments.

MSEFCs are state-run councils where micro and small businesses can file complaints against debtors and resolve the issue through arbitration and conciliation. However, with a low success rate, high costs, and long timelines for out-of-court dispute resolution, businesses are turning towards courts, where they can file civil suits to recover their payments.

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