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INDUSTRIAL DISPUTES (BANKING AND INSURANCE COMPANIES) ACT

1949

Related Legislation: - Industrial Disputes Act, 1947

ABOUT THE ACT

Objectives:

This act has been repealed and is maintained for historic reasons

Applicability

This act has been repealed and is maintained for historic reasons

Applicability of Parent Act

The Industrial Disputes Act extends to whole of India and applies to every industrial establishment carrying on any business, trade, manufacture or distribution of goods and services irrespective of the number of workmen employed therein.

Every person employed in an establishment for hire or reward including contract labour, apprentices and part time employees to do any manual, clerical,skilled, unskilled, technical, operational or supervisory work, is covered by the Act.

This Act though does not apply to persons mainly in managerial or administrative capacity,persons engaged in a supervisory capacity and drawing > 10000 p.m or executing managerial functions and persons subject to Army Act, Air Force and Navy Act or those in police service or officer or employee of a prison.

Related Sections Of The Act

Section 1:  Short title and extent
Section 1:  Short title and extent

Important Definitions

Section 2B:  Award
Section 2B:  Award
Section 2BB:  Banking company
Section 2BB:  Banking company
Section 2KK:  Insurance company
Section 2KK:  Insurance company
Section 2:  Award, Banking Company, Industrial Dispute, Insurance Company
Section 2:  Award, Banking Company, Industrial Dispute, Insurance Company