BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Industrial Relation Act 1967
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The Trade Union Act 1959
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The Employment Act 1956
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The Child and Young Person Act 1966
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Detailed explanation-1: -The best example of such a word is Securities; the Companies Act 2013 does not define the word, but it is extremely important. We import the meaning of the word Securities from the Securities Contract (Regulation) Act, 1956.
Detailed explanation-2: -In an effort to codify the numerous labour laws in the nation, the Parliament recently passed three labour codes on industrial relations, social security, occupational safety, health, and working conditions, along with the wage code passed in 2019.
Detailed explanation-3: -What is the difference between Companies Act 1956 and Companies Act 2013? The key difference between Companies Act 1956 and Companies Act 2013 is that as per the Companies Act 1956, a person cannot form a company, whereas in the Companies Act 2013, a person can form a company.
Detailed explanation-4: -1 The Companies Act, 1956 empowers the Central Government to inspect the books of accounts of a company, to direct special audit, to order investigation into the affairs of a company and to launch prosecution for violation of the Companies Act, 1956.