The Shilpi judgment is a landmark case in the domain of MSME arbitration, shedding light on pivotal statutory interpretations under the Micro, Small, and Medium Enterprises Development Act, 2006. The judgment dives deep into the arbitration mechanism, elucidating the nuances that govern the relationship between MSMEs and other parties in contractual disputes. Through a meticulous examination of the facts and legal provisions, the judgment sets a significant precedent, guiding future arbitrations involving MSMEs. This case not only contributes to the evolving legal discourse but also strengthens the arbitration framework, ensuring a fair and efficient resolution of disputes in the MSME sector.