ESI Scheme of India, is a multidimensional social security system tailored to provide socio-economic protection to worker population and their dependents covered under the scheme.
ESI Scheme of India, is a multidimensional social security system tailored to provide socio-economic protection to worker population and their dependents covered under the scheme.
Dear Seniors & Friends,
Sharing the PPT on "Employee's State Insurance Act 1948" of India. Kindly have a look on the Same & Share your valuable feedback & suggestion. If you found any mistake kindly update me for the modification the same.
Regards,
Anshu Shekhar Singh
M: 9999 844 355
The employees state insurance act,1948
Social insurance of india
The Adakar plan- Workmen’s State Insurance Bill, 1946
A social welfare legislation with the objective of providing benefits to employees- sickness, maternity and employment injury.
Act tries to attain socio-economic justice enshrined in DPSP under part IV of the constitution
Dear Seniors & Friends,
Sharing the PPT on "Employee's State Insurance Act 1948" of India. Kindly have a look on the Same & Share your valuable feedback & suggestion. If you found any mistake kindly update me for the modification the same.
Regards,
Anshu Shekhar Singh
M: 9999 844 355
The employees state insurance act,1948
Social insurance of india
The Adakar plan- Workmen’s State Insurance Bill, 1946
A social welfare legislation with the objective of providing benefits to employees- sickness, maternity and employment injury.
Act tries to attain socio-economic justice enshrined in DPSP under part IV of the constitution
An introduction to the most important labour laws in India. The presentation gives just an idea of what is the Act all about. It acts like a handbook to a budding HR executive.
Acts and Laws (objectives and key provisions):
1. The Industrial Disputes Act, 1947
2. The Industrial Employment (Standing Orders) Act, 1946
3. The Maternity Benefit Act, 1961
4. The Payment of Bonus Act, 1965
5. The Payment of Gratuity Act, 1972
6. The Payment of Wages Act, 1936
7. The Trade Unions Act, 1926
8. The Employees Provident Fund and Miscellaneous
Provisions Act, 1952
9. The Employees Compensation Act, 1923
10. The Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013
,what is management? ,henri fayol ,f w taylor ,mary parker follet ,harold koontz ,george r terry ,peter drucker ,management as a process ,management functions ,posdcorb
Provisions of Factories Act 1948,
Statutory Provisions under the Factories Act 1948,
Provisions Regarding the Health of Workers,
Provisions Regarding the Safety of Workers,
Provisions Regarding the Welfare of Workers,
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
2. Introduction
◆ The ESI Act provides for certain benefits to
employees in case of sickness, maternity, injury
during employment, and related matters. The
Act applies to all factories, other than seasonal
factories, that run with power and employ 20 or
more persons.
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3. Introduction
◆ The coverage of the Act has been extended to several
classes of establishments, viz., electrical power-using
factories employing 10 or more workers and non-power
factories employing 20 or more workers, shops, theatres,
cinemas, hotels, restaurants, etc. employing 20 or more
persons, in several states.
◆ It covers all employees whose remuneration in aggregate
does not exceed Rs 6.500 a month. (From 01.01.2017 it isRs.
21000/-)
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4. Introduction
◆ The administration of the Employees’ State
Insurance Scheme (ESIS) , framed under the Act,
has been entrusted to' the Employees’ State
Insurance Corporation ( ESIC) , an autonomous
body set up by an Act of the Parliament. The
ESIS Board consists or representatives of
central and state governments, employers,
employees, medical professionals, and the
parliament.
4
5. Introduction
◆ The ESIS has set up regional boards in all states
including a network of offices at various levels
and it operates from over 520 centers
throughout the country. About 75lakh persons’
family units ( i .e., insured employee
households) have been covered under the
scheme.
5
7. ◆ The scheme provides the following social
security benefits admissible under ESI Act, 1948
and financed through contribution form
concerned employers and employees.
7
8. ◆ Sickness cash benefits About half the wages up
to 90 days’ sickness.
◆ Maternity benefits All insured women are
entitled to benefits which are equal to full
wages for leave up to 12 weeks, of which not
more than six weeks must precede the expected
date of confinement.
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9. ◆ 3. Dependents benefits These are also provided
under the Workmen’s Compensation Act. If a
person dies from employment injuries, the
dependents are entitled to compensation to be
paid in a certain ratio to the widow and the
minor children and any other dependents.
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10. ◆ Funeral benefit When an insured person dies, during the
period he or she is insured, the eldest member of the
family or other dependant or friend as the case may be, is
entitled to Rs.lOO to meet funeral expenses.
◆ The Act contains deterrent provisions including fine and
compulsory imprisonment for any default in payment of
contribution by the employer
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11. ◆ The Act contains deterrent provisions including
fine and compulsory imprisonment for any
default in payment of contribution by the
employer
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12. The main provisional of the Act are:
1. Regulate the working conditions of labor in factories.
2. Ensure basic minimum requirements for the safety,
health and welfare of workers.
3. Enforce compulsory approval, licensing and registration
of factories to regulate the establishment and growth of
factories.
4. Provide guidelines on the health measures, safety
measures and welfare measures to be taken by the
management.
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13. The main provisional of the Act are:
5. Regulate the working hours of employees to provide for
adequate rest.
6. Regulate the employment of women and young persons.
7. Provide guidelines to the management for employee
benefits like annual leave provision.
8. Provide guide lines to prevent and deal with accident or
occupational diseases and also, for handling dangerous
operations
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