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Business Law

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Business Law

Labour Law in India: Need, Objectives, Principles, Classification

The Labour Legislation is used to cover all the laws which have been enacted to deal with” employment and non-employment” wages, working conditions, industrial relations, social security and welfare of persons employed in industries.

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2 November 2020
Business Law

Payment of Bonus Act 1965

Payment of Bonus Act The payment of Bonus Act provides for payment of bonus to persons employed in certain establishments of the basis of profits…

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1 November 2020
Business Law

Payment of Wages Act 1936

Application of Payment of Wages Act 1936 The Act will apply to persons employed in any factory or employed (otherwise than in a factory) upon…

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30 October 2020
Business Law

Employee State Insurance Act 1948 | Definition, Objectives, Applicability

ESIC 1948, is a piece of social welfare legislation enacted primarily with the object of providing certain benefits to employees in case of sickness, maternity and employment injury and also to make provision for certain others matters incidental thereto.

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29 October 2020
Business Law

Industrial Disputes Act 1947: Definition, Objective, Applicability

An industrial dispute may be defined as a conflict or difference of opinion between management and workers on the terms of employment.

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28 October 2020
Business Law

Trade Unions Act, 1926 | Registration, Object, Dispute

Trade Unions Act, 1926, ‘trade union’ means “any combination, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers.

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27 October 2020
Business Law

Director: Definition, Disqualification, Duties, Appointment

Section 2 (34) of the Companies Act, 2013, defines a ‘director’ as a person appointed to the board of a company. It means that the person cannot be considered as director unless he is appointed by any method to the board of company.

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6 August 2020
Business Law

Articles of Association: Definition, Example, Contents, Alteration

What are Articles of Association? Articles of Association are the rules and regulations or the bye-laws which govern the internal management of the company. It…

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5 August 2020
Business Law

What is Memorandum of Association? Meaning, Content

Memorandum of Association is a document which sets out the constitution of a company and is, therefore, the foundation on which the structure of the company is built.

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13 July 2020
Business Law

Limited Liability Partnership Act 2008

Limited Liability Partnership Act Limited Liability Partnership (LLP) is an incorporated partnership formed and registered under the Limited Liability Partnership Act 2008 with limited liability…

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23 April 2020
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