law: The Micro, Small and Medium Enterprises Development Act, 2006 
  32. Repeal of Act.-
  1.     
  
    The
  
  Interest on Delayed Payments to Small Scale and Ancillary Industrial
  
  Undertakings Act, 1993 is hereby repealed.
  2.     
  
    Notwithstanding
  
  such repeal, anything done or any action taken under the Act so repealed under
  
  sub-section (1) shall be deemed to have been done or taken under the
  
  corresponding provisions of this Act.