Payment of Gratuity Act, 1972
The Payment of Gratuity Act, 1972 is an Indian law that makes certain industries pay a one-time gratuity to retired employees. The law applies to railways,… Read More »Payment of Gratuity Act, 1972
Business Law
Payment of Bonus Act 1965
Payment of Bonus Act, 1965 the concept of bonus has undergone considerable change. The obligation to pay a minimum bonus irrespective of the financial results… Read More »Payment of Bonus Act 1965
Minimum Wages Act 1948: Objectives
What is Minimum Wages Act 1948 The foundational aim of the Minimum Wages under the Minimum Wages Act, 1948. This Act does not define the… Read More »Minimum Wages Act 1948: Objectives
Payment of Wage Act 1936: Objectives
Objectives of Payment of Wage Act It was passed to regulate the payment of wages to certain groups of employees at regular intervals and without… Read More »Payment of Wage Act 1936: Objectives
Plantation Labour Act 1951
Plantation Labour Act: Short Title, Commencement and Application [Section 1] This Act may be called the Plantations Labour Act, 1951. It extends to the whole… Read More »Plantation Labour Act 1951
Mines Act 1952, Short Title and Features
The Mines Act,1952 contains provisions for measures relating to the health, safety and welfare of workers in the coal,metalliferous and oil mines. According to the… Read More »Mines Act 1952, Short Title and Features
Factories Act 1948
The first and foremost Factories Act in India was passed in the year 1881. The Act was principally designed for the protection of children and… Read More »Factories Act 1948
What is Companies Act, 1956?
The Companies Act 1956 is administered by the Government of India, there for,appointed on 25th October,1950, a committee of 12 members representing various interests under… Read More »What is Companies Act, 1956?
Firm Dissolution and Dissolution of Partnership
Dissolution of a firm means the complete breakdown or extinction of the relationship of partnership between all the partners of a firm. If this breakdown… Read More »Firm Dissolution and Dissolution of Partnership
Difference Between Partnership and Hindu Undivided Family
Hindu Undivided Family carrying on a family business are not partners in the sense that their relationship inter it is not governed by the Partnership… Read More »Difference Between Partnership and Hindu Undivided Family