BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The Industrial Dispute Act is a milestone in the historical development of industrial law in India. With the passage of time a number of new principles relating to industrial relations have been introduced in the country such as:-A permanent machinery for speedy and amicable settlement of industrial disputes.

Detailed explanation-2: -The objective of the Industrial Disputes Act is to secure industrial peace and harmony by providing mechanism and procedure for the investigation and settlement of industrial disputes by conciliation, arbitration and adjudication which is provided under the statute.

Detailed explanation-3: -Q1) Which statement is the correct objective of the Industrial Disputes Act? To prevent strikes which are illegal in nature.

Detailed explanation-4: -The Industrial Disputes Act, 1947 came into existence in April 1947. It was enacted to make provisions for prevention and settlement of industrial disputes and for providing certain safeguards to the workers.

Detailed explanation-5: -Section 2A. Dismissal, etc., of an individual workman to be deemed to be an industrial dispute.