Title : Payment of Bonus (Amendment) Act 2007
State : Central
Year : 2007
View Complete Act List Judgments citing this sectionTitle : Computation of Gross Profits
State : Central
Year : 1965
1 [4. Computation of gross profits The gross profits derived by an employer from an establishment in respect of the accounting year shall- (a) in the case of a banking company, be calculated in the manner specified in the First Schedule; (b) in any other case, be calculated in the manner specified in the Second Schedule.] _______________________ 1. Substituted by Act 66 of 1980, Section 3, for section 4 (w.r.e.f 21-8-1980). View Complete Act List Judgments citing this sectionTitle : Computation of Number of Working Days
State : Central
Year : 1965
For the purposes of section 13, an employee shall be deemed to have worked in an establishment in any accounting year also on the days on which (a) he has been laid off under an agreement or as permitted by standing orders under the Industrial Employment (Standing Orders) Act, 1946 (20 of 1946), or under the Industrial Disputes Act, 1947 (14 of 1947), or under any other law applicable to the establishment; (b) he has been on leave with salary or wage; (c) he has been absent due to temporary disablement caused by accident arising out of and in the course of his employment; and (d) the employee has been on maternity leave with salary or wage, during the accounting year. View Complete Act List Judgments citing this sectionTitle : Application of Act to Establishments in Public Sector in Certain Cases
State : Central
Year : 1965
1 [(1)] If in any accounting year an establishment in public sector sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both is not less than twenty per cent of the gross income of the establishment in public sector for that year, then, the provisions of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector. 2 [(2) Save as otherwise provided in sub-section (1), nothing in this Act shall apply to the employees employed by any establishment in public sector.] _______________________ 1. The brackets and figure (1) omitted by Act 23 of 1976, section 14 (w.r.e.f. 25-9-1975) and..... View Complete Act List Judgments citing this sectionTitle : Presumption About Accuracy of Balance-sheet and Profit and Loss Account of Corporations and Companies
State : Central
Year : 1965
(1) Where, during the course of proceedings before any arbitrator or Tribunal under the Industrial Disputes Act, 1947 ( 14 of 1947 ), or under any corresponding law relating to investigation and settlement of industrial disputes in force in a State (he reinafter in this section1[and in2[sections 24 and 25 ] referred to as the "said authority") to which any dispute of the nature specified in section 22 has been referred, the balance-sheet and the profit and loss account of an employer, being a corporation or a company (other than a banking company), duty audited by the Comptroller and Auditor-General of India or by auditors duly qualified to Act as auditors of companies under sub-section ( 1 ) of section 226 of the Companies Act, 1956 ( 1 of 1956 ), are produced before it, then, the said..... View Complete Act List Judgments citing this sectionTitle : Audit of Accounts of Employers, Not Being Corporations or Companies
State : Central
Year : 1965
(1) Where any dispute of the nature specified in section 22 between an employer, not being a corporation or a company, and his employees has been referred to the said authority under that section and the accounts of such employer audited by any auditor duly qualified to act as auditor of companies under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956), are produced before the said authority, the provisions of section 23, shall, so far as may be, apply to the accounts so audited. (2) When the said authority finds that the accounts of such employer have not been audited by any such auditor and it is of opinion that an audit of the accounts of such employer is necessary for deciding the question referred to it, then, it may, by order direct the employer to get his..... View Complete Act List Judgments citing this sectionTitle : Maintenance of Registers, Records, Etc
State : Central
Year : 1965
Every employer shall prepare and maintain such registers, records and other documents in such form and in such manner as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Penalty
State : Central
Year : 1965
If any person-- (a) contravenes any of the provisions of this Act or any rule made thereunder; or (b) to whom a direction is given or a requisition is made under this Act fails to comply with the direction or requisition, he shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both. View Complete Act List Judgments citing this sectionTitle : Offences by Companies
State : Central
Year : 1965
(1) If the person committing an offence under this Act is a company, every, person who, at the time the offence was committed, was in charge of, and was responsible to, the company for the conduct of business of the company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: Provided that nothing contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed..... View Complete Act List Judgments citing this sectionTitle : Cognizance of Offences
State : Central
Year : 1965
( 1 ) No court shall take cognizance of any offence punishable under this Act, save on complaint made by or under the authority of the appropriate Government1[or an officer of that Government (not below the rank of a Regional Labour Commissioner in the case of an officer of the Central Government, and not below the rank of a Labour Commissioner in the case of an officer of the State Government) specially authorised in this behalf by that Government]. ( 2 ) No court inferior to that of a presidency magistrate or a magistrate of the first class shall try any offence punishable under this Act. ________________________ 1. Inserted by Act 66 of 1980, section 16 (w.r.e.f. 21-8-1980). View Complete Act List Judgments citing this section