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