Question

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

Q: Answer-The provisions relating to 'Lay-off, Retrenchment, Closure' are originally defined under which Act?

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.