Is The Act Applicable To A Factory Which Is Closed Down But Is Employing A Few Employees To Look After The Assets Of The Establishment?

an investment fund contributed to by employees, employers, and (sometimes) the state, out of which a lump sum is provided to each employee on retirement.
Posted 11 months ago  |    0  | 
Employment,General Legal
Employment General Legal

1 Answer(s)

Ravindra Purohit
Advocate

Where a factory is closed down for good and only four security men are retained for keeping a watch over the assets and properties of the establishment, the Act would not continue to be applicable to the factory.

Top Employment Lawyers In India

Have an urgent need? Talk to a lawyer directly.

Need Free Legal Advice?

Find, consult & hire best advocates in India in a few clicks.

Need Legal Agreements?

Create affidavits, contracts etc. online, within minutes.