law: The Micro, Small and Medium Enterprises Development Act, 2006 
  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, notify a Scheme within one year from the date of commencement of
  
  this Act.