Economic and Industrial Law

Program Class: Degree/ B.B.A

Year: Third

Semester: Sixth

Subject: Bachelor of Business Administration

Course Title: Economic and Industrial Law

Max. Marks: -25+75

Min. Passing Marks: 33

Unit

Topics

I

Factory Act 1948: Definitions and Important Provision. Workmen compensation Act 1923: , Determination of Amount of Compensation, Latest provisions of Workmen’s Compensation (Amendment) Act, 2009.

II

Industrial Dispute Act 1947: Important Provisions Minimum Wages Act 1948: Meaning of wage under the Act Procedure for fixing Minimum wage, Obligation of employer to pay minimum wage, Authorities and Remedies under the Act.

III

Employee State Insurance Act 1948: Object and Scope, Definitions under the Act Important Benefits under the Act: Employee’s State Insurance Corporation – Dispute and Claim Settlement under the Act, Latest provisions of Employee State Insurance (amendment) Act, 2010

IV

Employee Provident Fund Act 1952: Employee’s pension scheme and fund, Employee’s deposit linked insurance scheme, administration of the schemes, Recovery of money from employer and contractor, Appellate tribunal, penalties and offences.

V

Payment of Gratuity Act, 1972: Scope of the Act, Meaning of Employee, Employer, Continuous Service, etc., Conditions for Payment and Forfeiture of Gratuity, Authorities under the Act and their powers and functions. IBC law and Arbitration.