Question

The provisions relating to "Lay-off, Retrenchment, Closure" are originally defined under which Act?

A Trade Union Act 1926 Correct Answer Incorrect Answer
B Industrial Dispute Act 1947 Correct Answer Incorrect Answer
C Factories Act 1948 Correct Answer Incorrect Answer
D Workmen Compensation Act 1923 Correct Answer Incorrect Answer

Solution

Industrial Disputes Act (1947): Lay-off, Retrenchment, and Closure. Lay-Off, Retrenchment and Closure are three case scenarios contemplated in the Industrial Disputes Act, 1947, which essentially results in employees losing their jobs. Nonetheless, this is not a pressure tactic from the part of the employer.

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