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Business Law
BUSINESS LAW –II
UNIT-I Factories Act, 1948 Definition – inspecting staff – Health – Safety – Welfare – Working Hours of Adults – Holidays – Employment of young persons and women – Annual leave with wages object of industrial Disputes Act – Definition of Industrial Dispute – Grievance settlement Authorities – Conciliation machinery – Procedure. Power and duties of Authorities – Reference of Disputes of Boards, Courts or Tribunal, National Tribunal – Strikes, Lock-out, Lay-off, Retrenchment – Unfair labors practices – penalties. UNIT –II Industrial employment Act, 1946 Trade unions Act 1926, Definition of standing orders – Submission and Draft of standing orders – Certification of standing orders – Definition of Trade union – Registration of Trade union – Cancellation of Registration and Appeal – Amalgamation and Dissolution – penalties. UNIT –III Payment of wages Act – Definition of wages – Deductions – Inspectors – fixation and Revision of wages – Advisory Boards – Safeguards in payment of minimum wages. A Definition of Gratuity – Payment of gratuity – forfeiture of gratuity – Determination of recovery of gratuity – Employees provident fund scheme – pension scheme – Employees Deposit linked insurance scheme – Administration of the scheme – Scope and coverage of Maternity Benefits. UNIT – IV Workmen‟s compensation Act, 1923. Definition – Scope and coverage Rules regarding Workmen‟s compensation – amount of compensation – distribution of compensation – Enforcement of Act. UNIT – V Payment of Bonus Act and Apprentices Act, 1969, Meaning of Bonus Definition – Eligibility for Bonus – Consumer Protection Act.

REFERECE BOOKS: 1. ELEMENTS OF MERCANTILE LAW- N.D Kapoor sultan chand and son‟s 2. INDIAN MERCANTILE LAW – DAWAR 3. MERCANTILE LAW –N.D KAPOOR

UNIT-I THE FACTORIES ACT 1948

What is a factory? According to Sec. 2 (m) „factory‟ means any premises included the precincts thereofi) Whereon 10 or more workers are working or were working on any day of the

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