The document summarizes the Factories Act in India. Some key points:
- The Factories Act was first enacted in 1881 in India to regulate working conditions in factories and was comprehensively updated after independence in 1948.
- It aims to ensure worker health, safety and welfare and prevent haphazard factory growth.
- It covers factories and defines terms like adult, child, hazardous processes.
- Occupiers have responsibilities for worker health, safety and welfare. Inspectors are appointed to enforce the law.
- Provisions relate to issues like health, safety, welfare, hazardous processes, working hours and leave. Contraventions can face penalties like fines or imprisonment.
The document provides an overview of the Factories Act of 1948 in India. It discusses [1] the objectives of the act to ensure worker safety, health and welfare; [2] the definition of a factory according to the act; and [3] some of the key provisions of the act related to working hours, leaves, welfare facilities, health and safety measures. The act aims to comprehensively regulate various aspects of employment in factories.
The Factories Act of 1948 is the principal legislation on occupational safety, health and welfare of workers in factories in India. Some key points:
1) It defines a factory and applies to premises with 10 or more workers using power or 20+ workers without power.
2) It provides guidelines on issues like cleanliness, ventilation, lighting, drinking water, safety measures around machines, and welfare amenities like canteens, shelters and creches.
3) It regulates working hours, holidays and overtime for adult workers, and restricts employment of women and children near hazardous machinery.
4) Non-compliance can result in fines and imprisonment, with higher penalties for violations that cause death or serious injury.
The document summarizes key provisions of the Factories Act of 1948 in India. It defines what constitutes a factory based on the number of employees. The objective of the Act is to protect workers' health and safety. A factory needs approval and must be registered and licensed. The occupier is responsible for workers' health, safety and welfare. Inspectors have powers to enter premises and examine compliance. Provisions relate to cleanliness, ventilation, lighting, drinking water, and safeguarding of machinery. The Act aims to regulate factories to promote workers' welfare.
The Factories Act, 1948 outlines various provisions to ensure worker safety and welfare in factories. Key points include:
- A factory is defined as any premises with 10 or more power-driven workers or 20 or more non-power driven workers engaged in manufacturing.
- The Act aims to protect workers from industrial and occupational hazards through obligations on owners/occupiers regarding worker health, safety and employment conditions.
- Extensive provisions cover cleanliness, ventilation, lighting, drinking water, latrines, safety of machinery, hazardous processes, welfare facilities like canteens, creches, first aid and more.
- The Act is administered through inspectors appointed by State Governments who monitor and enforce compliance with
This document summarizes the key aspects of the Factories Act of 1948 in India. It began with a brief history of factory regulations in India starting in the late 18th century when many women and children worked long hours in unsafe conditions. The Act was first introduced in 1819 and revised over time, with the current version from 1948. The objective of the 1948 Act is to ensure worker health, safety and welfare. It defines terms like "factory," "worker," and sets duties for occupiers to maintain safety. It also establishes roles like welfare and safety officers. Penalties are outlined for violations and inspectors are given investigation powers to enforce the Act.
The document summarizes the Factories Act of 1948 in India. It defines a factory as premises with 10 or more workers using power or 20 or more without power. It outlines health and safety measures for cleanliness, ventilation, lighting, drinking water, machinery safety, and more. It also covers welfare measures for washing, clothing storage, seating, first aid, and creches. Working hours are limited to 48 per week and 9 per day with breaks. Annual leave of one day for every 20 days worked is required. Contraventions face penalties like fines and imprisonment depending on the violation.
The Factories Act of 1948 regulates working conditions in factories in India. Its key objectives are to ensure minimum requirements for worker safety, health and welfare. It defines a factory and manufacturing process. It sets rules for working hours, leave, holidays and the employment of women, children and young persons. The Act establishes inspection staff to enforce its provisions and appointing certifying surgeons. It outlines obligations of employers regarding health, safety, welfare and working conditions and obligations of workers regarding health and safety.
The document provides an overview of the Factories Act of 1948 in India. It discusses [1] the objectives of the act to ensure worker safety, health and welfare; [2] the definition of a factory according to the act; and [3] some of the key provisions of the act related to working hours, leaves, welfare facilities, health and safety measures. The act aims to comprehensively regulate various aspects of employment in factories.
The Factories Act of 1948 is the principal legislation on occupational safety, health and welfare of workers in factories in India. Some key points:
1) It defines a factory and applies to premises with 10 or more workers using power or 20+ workers without power.
2) It provides guidelines on issues like cleanliness, ventilation, lighting, drinking water, safety measures around machines, and welfare amenities like canteens, shelters and creches.
3) It regulates working hours, holidays and overtime for adult workers, and restricts employment of women and children near hazardous machinery.
4) Non-compliance can result in fines and imprisonment, with higher penalties for violations that cause death or serious injury.
The document summarizes key provisions of the Factories Act of 1948 in India. It defines what constitutes a factory based on the number of employees. The objective of the Act is to protect workers' health and safety. A factory needs approval and must be registered and licensed. The occupier is responsible for workers' health, safety and welfare. Inspectors have powers to enter premises and examine compliance. Provisions relate to cleanliness, ventilation, lighting, drinking water, and safeguarding of machinery. The Act aims to regulate factories to promote workers' welfare.
The Factories Act, 1948 outlines various provisions to ensure worker safety and welfare in factories. Key points include:
- A factory is defined as any premises with 10 or more power-driven workers or 20 or more non-power driven workers engaged in manufacturing.
- The Act aims to protect workers from industrial and occupational hazards through obligations on owners/occupiers regarding worker health, safety and employment conditions.
- Extensive provisions cover cleanliness, ventilation, lighting, drinking water, latrines, safety of machinery, hazardous processes, welfare facilities like canteens, creches, first aid and more.
- The Act is administered through inspectors appointed by State Governments who monitor and enforce compliance with
This document summarizes the key aspects of the Factories Act of 1948 in India. It began with a brief history of factory regulations in India starting in the late 18th century when many women and children worked long hours in unsafe conditions. The Act was first introduced in 1819 and revised over time, with the current version from 1948. The objective of the 1948 Act is to ensure worker health, safety and welfare. It defines terms like "factory," "worker," and sets duties for occupiers to maintain safety. It also establishes roles like welfare and safety officers. Penalties are outlined for violations and inspectors are given investigation powers to enforce the Act.
The document summarizes the Factories Act of 1948 in India. It defines a factory as premises with 10 or more workers using power or 20 or more without power. It outlines health and safety measures for cleanliness, ventilation, lighting, drinking water, machinery safety, and more. It also covers welfare measures for washing, clothing storage, seating, first aid, and creches. Working hours are limited to 48 per week and 9 per day with breaks. Annual leave of one day for every 20 days worked is required. Contraventions face penalties like fines and imprisonment depending on the violation.
The Factories Act of 1948 regulates working conditions in factories in India. Its key objectives are to ensure minimum requirements for worker safety, health and welfare. It defines a factory and manufacturing process. It sets rules for working hours, leave, holidays and the employment of women, children and young persons. The Act establishes inspection staff to enforce its provisions and appointing certifying surgeons. It outlines obligations of employers regarding health, safety, welfare and working conditions and obligations of workers regarding health and safety.
The Factories Act of 1948 is social legislation enacted for occupational safety, health and welfare of workers. It applies to factories with 10+ power-using or 20+ non-power using workers. The Act consists of 120 sections across 8 chapters and 3 schedules. It covers key areas like definitions, licensing, working hours, leave, welfare provisions, and penalties for non-compliance. The Act established a factory inspectorate system and designated authorities to enforce its provisions aimed at protecting workers in factories.
The Factories Act of 1948 outlines regulations for occupational safety, health and welfare of workers in factories. Some key points include:
- A factory is defined as any premises with 10 or more power-driven workers or 20 or more non-power driven workers engaged in manufacturing.
- The Act aims to protect workers from industrial hazards by imposing obligations on factory owners regarding worker safety and health conditions.
- It provides guidelines for facilities like cleanliness, ventilation, lighting, drinking water, latrines, and welfare provisions such as canteens and rest areas.
- Machinery and equipment safety is an important aspect, requiring guards on moving parts and restrictions on young workers operating dangerous machines.
The document summarizes key aspects of the Factories Act of 1948 in India. It outlines the origins of factory acts dating back to 1881 aimed at protecting workers' health and safety. The 1948 Act expanded the definition of a factory and strengthened provisions around child labor, working hours, health, safety and welfare of all workers. It defines key terms like factory, worker, occupier and manufacturing process. It also describes the various provisions in the Act related to cleanliness, ventilation, lighting, drinking water, latrines and welfare measures like washing facilities, clothing storage, first aid and sitting arrangements.
This document provides an overview of the key aspects of the Factory Act of 1948 in India. It defines what constitutes a factory and outlines the objectives of the act, which are to protect workers' health, safety, and welfare. It discusses definitions, provisions around health such as cleanliness, ventilation, and drinking water. It also covers welfare facilities, safety measures, restrictions on employing children and young persons, and definitions of important terms. The Factory Act of 1948 aimed to improve working conditions and reduce hazards for Indian factory workers.
The document discusses key provisions of the Factories Act of 1948 in India. It was established to regulate working conditions and protect the welfare of factory workers. Some key points:
- It sets limits on working hours, especially for women and children, and requires overtime pay. Annual leave, drinking water, sanitation and safety measures are also mandated.
- Hazardous processes and machinery must meet safety standards. Young or women workers cannot perform dangerous jobs. Accidents and injuries are to be prevented.
- Provisions around welfare aim to improve conditions, including requirements for first aid, canteens, creches, shelters and welfare officers depending on the number of employees.
- Over time, the Act
The Factories Act of 1948 is the main law regulating occupational safety, health and welfare of workers in factories across India. Some key points:
- It defines a factory as a premises with 10 or more workers using power or 20+ workers without power. Various industries like salt works and saw mills are considered factories.
- It requires factories to register and comply with regulations around cleanliness, ventilation, lighting, drinking water, welfare amenities, working hours and overtime pay.
- It mandates safety measures for machinery, prohibition of young/women workers from dangerous machines, and accident reporting.
- It provides for annual leave, and welfare provisions like canteens, restrooms, and creches depending on
The Factories Act of 1948 is the main law regulating occupational safety, health and welfare of workers in factories across India. Some key points:
- It defines a factory as a premises with 10 or more workers using power or 20+ workers without power. Various workplaces have been held to be factories.
- It requires factories to register and comply with regulations around cleanliness, ventilation, lighting, drinking water, welfare amenities, working hours and overtime pay.
- It mandates safety measures for machinery, prohibition of young/women workers from dangerous machines, and accident reporting.
- It provides for annual leave, and penalties for non-compliance including fines and imprisonment. The Act aims to protect workers from
The document summarizes the key provisions of the Factories Act of 1948 in India. It defines important terms like factory, worker, and manufacturing process. It outlines objectives of the Act related to regulating working hours, ensuring worker health, safety, and welfare. It discusses penalties for non-compliance. The Act applies to factories employing 10 or more workers with power or 20 workers without power. It aims to safeguard worker interests and prevent exploitation.
The Factories Act of 1934 establishes requirements for worker health, safety, and welfare in factories across Pakistan. Key aspects of the act include provisions for cleanliness, ventilation, lighting, drinking water, sanitation facilities, restrictions on working hours for children and adults, and appointment of inspectors to enforce the regulations. The act defines terms like factory, worker, adult, and child. It also specifies standards for issues like temperature, humidity, overcrowding, disposal of waste, and prevention of diseases in factories. The health and safety section covers requirements for facilities, cleanliness, and precautions regarding issues that could affect worker well-being.
The Factories Act, 1948 is the most comprehensive piece of labour legislation in India that aims to regulate working conditions in factories. It provides for health, safety, welfare and annual leave of workers. The key provisions include defining a factory, working hours, employment of women and children, annual leave, obligations of occupiers and workers, and penalties for non-compliance. Though a central law, it is administered by state governments through their factory inspectorates to ensure uniform implementation.
Occupational Safety, Health and Working Conditions Code 2020.pdfAnuragShah33
The Occupational Safety, Health and Working Conditions Code 2020 consolidates and amends the laws regulating occupational safety, health and working conditions of persons employed in an establishment.
Key features include mandatory registration of all establishments employing 10 or more workers, duties of employers to ensure workplace safety and health such as conducting health checks, and duties of employees. The Code establishes authorities like Inspector-cum-Facilitators to conduct inspections and inquire into accidents.
It mandates compliance with standards for health, safety and working conditions covering issues like cleanliness, hygiene, ventilation, lighting etc. It regulates working hours and provides for annual leave with wages. The Code sets up mechanisms like maintenance of registers and returns, and empow
Occupational Safety Health and Working Conditions .pdfJayeeta Munshi
The Occupational Safety, Health and Working Conditions Code 2020 consolidates and amends the laws regulating occupational safety, health and working conditions of persons employed in an establishment.
Key features include mandatory registration of all establishments employing 10 or more workers, duties of employers to ensure workplace safety and health such as conducting health checks, and duties of employees. The Code establishes authorities like Inspector-cum-Facilitators to enforce the law and bodies like the National Occupational Safety and Health Advisory Board to advise the government. It covers issues like working hours, leave, maintenance of records and more. The Code aims to protect all employees but some experts question if it adequately protects migrant workers.
The Factories Act 1948 was passed in India to regulate working conditions and safety standards in factories. Some key points:
- It aims to ensure worker health, safety and welfare. It covers all manufacturing establishments employing 20+ workers with power or 10+ without power.
- It regulates working hours, holidays, employment of children/women, welfare provisions like canteens/creches. Working hours are limited to 48 hours/week and 9 hours/day.
- It provides rules for safety measures, cleanliness, ventilation, lighting, dust hazards, fire safety etc. Hazardous processes have additional obligations.
- Non-compliance can attract fines up to Rs. 2 lakhs or imprisonment
The Factories Act 1948 was passed in India to regulate working conditions and safety standards in factories. Some key points:
- It aims to ensure workers' health, safety and welfare. It covers all manufacturing establishments employing 10+ workers with power or 20+ without power.
- It regulates working hours, holidays, leave, employment of children/women, and hazardous processes. Working hours are limited to 48 hours/week and 9 hours/day on average.
- State governments administer the Act through inspectors, certifying surgeons, welfare/safety officers. Contraventions are punishable with fines and imprisonment.
- The Act has been amended over time, with the most significant in 1987 to strengthen provisions
This document provides an overview of key sections of the Factories Act of 1948 in India. It begins with definitions of terms like adult, child, factory, and manufacturing process. It describes the roles of inspectors in enforcing the act. It then summarizes various chapters concerning health and safety of workers, including requirements for cleanliness, disposal of waste, ventilation, dust control, limits on overcrowding, and lighting. The overall purpose of the act is to regulate factories and protect workers from industrial and occupational hazards.
The document provides an overview of key sections and definitions within the Factories Act of 1948 in India. It discusses definitions such as what constitutes a factory, adult, child, hazardous process and more. It outlines obligations of workers and their rights. It describes the roles and powers of inspectors appointed to enforce the Act. The purpose of the Act is to regulate factories and protect workers' health, safety and welfare.
The document discusses the Factories Act of 1948 and the Department of Factories and Boilers in India. It outlines the department's main objective of ensuring compliance with labor legislation for factories. It lists 10 labor laws that the department enforces, including the Factories Act of 1948. It then provides more details on the Factories Act, including its provisions for health, safety, welfare, working hours and leave for factory workers. It also discusses the roles and responsibilities of occupiers, managers and inspectors in enforcing the legislation.
The Factories Act of 1948 was enacted to provide adequate compensation to workers affected by industrial accidents and regulate working conditions in factories. It applies to premises with 10 or more workers and any part of which involves a manufacturing process with power, or 20 or more workers for manufacturing processes without power. The Act contains provisions regarding facilities, safety measures, working hours and overtime, annual leave, and penalties for violations to protect worker welfare, health and safety.
Corporate Governance : Scope and Legal Frameworkdevaki57
CORPORATE GOVERNANCE
MEANING
Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions. It is, in essence, a toolkit that enables management and the board to deal more effectively with the challenges of running a company.
The Factories Act of 1948 is social legislation enacted for occupational safety, health and welfare of workers. It applies to factories with 10+ power-using or 20+ non-power using workers. The Act consists of 120 sections across 8 chapters and 3 schedules. It covers key areas like definitions, licensing, working hours, leave, welfare provisions, and penalties for non-compliance. The Act established a factory inspectorate system and designated authorities to enforce its provisions aimed at protecting workers in factories.
The Factories Act of 1948 outlines regulations for occupational safety, health and welfare of workers in factories. Some key points include:
- A factory is defined as any premises with 10 or more power-driven workers or 20 or more non-power driven workers engaged in manufacturing.
- The Act aims to protect workers from industrial hazards by imposing obligations on factory owners regarding worker safety and health conditions.
- It provides guidelines for facilities like cleanliness, ventilation, lighting, drinking water, latrines, and welfare provisions such as canteens and rest areas.
- Machinery and equipment safety is an important aspect, requiring guards on moving parts and restrictions on young workers operating dangerous machines.
The document summarizes key aspects of the Factories Act of 1948 in India. It outlines the origins of factory acts dating back to 1881 aimed at protecting workers' health and safety. The 1948 Act expanded the definition of a factory and strengthened provisions around child labor, working hours, health, safety and welfare of all workers. It defines key terms like factory, worker, occupier and manufacturing process. It also describes the various provisions in the Act related to cleanliness, ventilation, lighting, drinking water, latrines and welfare measures like washing facilities, clothing storage, first aid and sitting arrangements.
This document provides an overview of the key aspects of the Factory Act of 1948 in India. It defines what constitutes a factory and outlines the objectives of the act, which are to protect workers' health, safety, and welfare. It discusses definitions, provisions around health such as cleanliness, ventilation, and drinking water. It also covers welfare facilities, safety measures, restrictions on employing children and young persons, and definitions of important terms. The Factory Act of 1948 aimed to improve working conditions and reduce hazards for Indian factory workers.
The document discusses key provisions of the Factories Act of 1948 in India. It was established to regulate working conditions and protect the welfare of factory workers. Some key points:
- It sets limits on working hours, especially for women and children, and requires overtime pay. Annual leave, drinking water, sanitation and safety measures are also mandated.
- Hazardous processes and machinery must meet safety standards. Young or women workers cannot perform dangerous jobs. Accidents and injuries are to be prevented.
- Provisions around welfare aim to improve conditions, including requirements for first aid, canteens, creches, shelters and welfare officers depending on the number of employees.
- Over time, the Act
The Factories Act of 1948 is the main law regulating occupational safety, health and welfare of workers in factories across India. Some key points:
- It defines a factory as a premises with 10 or more workers using power or 20+ workers without power. Various industries like salt works and saw mills are considered factories.
- It requires factories to register and comply with regulations around cleanliness, ventilation, lighting, drinking water, welfare amenities, working hours and overtime pay.
- It mandates safety measures for machinery, prohibition of young/women workers from dangerous machines, and accident reporting.
- It provides for annual leave, and welfare provisions like canteens, restrooms, and creches depending on
The Factories Act of 1948 is the main law regulating occupational safety, health and welfare of workers in factories across India. Some key points:
- It defines a factory as a premises with 10 or more workers using power or 20+ workers without power. Various workplaces have been held to be factories.
- It requires factories to register and comply with regulations around cleanliness, ventilation, lighting, drinking water, welfare amenities, working hours and overtime pay.
- It mandates safety measures for machinery, prohibition of young/women workers from dangerous machines, and accident reporting.
- It provides for annual leave, and penalties for non-compliance including fines and imprisonment. The Act aims to protect workers from
The document summarizes the key provisions of the Factories Act of 1948 in India. It defines important terms like factory, worker, and manufacturing process. It outlines objectives of the Act related to regulating working hours, ensuring worker health, safety, and welfare. It discusses penalties for non-compliance. The Act applies to factories employing 10 or more workers with power or 20 workers without power. It aims to safeguard worker interests and prevent exploitation.
The Factories Act of 1934 establishes requirements for worker health, safety, and welfare in factories across Pakistan. Key aspects of the act include provisions for cleanliness, ventilation, lighting, drinking water, sanitation facilities, restrictions on working hours for children and adults, and appointment of inspectors to enforce the regulations. The act defines terms like factory, worker, adult, and child. It also specifies standards for issues like temperature, humidity, overcrowding, disposal of waste, and prevention of diseases in factories. The health and safety section covers requirements for facilities, cleanliness, and precautions regarding issues that could affect worker well-being.
The Factories Act, 1948 is the most comprehensive piece of labour legislation in India that aims to regulate working conditions in factories. It provides for health, safety, welfare and annual leave of workers. The key provisions include defining a factory, working hours, employment of women and children, annual leave, obligations of occupiers and workers, and penalties for non-compliance. Though a central law, it is administered by state governments through their factory inspectorates to ensure uniform implementation.
Occupational Safety, Health and Working Conditions Code 2020.pdfAnuragShah33
The Occupational Safety, Health and Working Conditions Code 2020 consolidates and amends the laws regulating occupational safety, health and working conditions of persons employed in an establishment.
Key features include mandatory registration of all establishments employing 10 or more workers, duties of employers to ensure workplace safety and health such as conducting health checks, and duties of employees. The Code establishes authorities like Inspector-cum-Facilitators to conduct inspections and inquire into accidents.
It mandates compliance with standards for health, safety and working conditions covering issues like cleanliness, hygiene, ventilation, lighting etc. It regulates working hours and provides for annual leave with wages. The Code sets up mechanisms like maintenance of registers and returns, and empow
Occupational Safety Health and Working Conditions .pdfJayeeta Munshi
The Occupational Safety, Health and Working Conditions Code 2020 consolidates and amends the laws regulating occupational safety, health and working conditions of persons employed in an establishment.
Key features include mandatory registration of all establishments employing 10 or more workers, duties of employers to ensure workplace safety and health such as conducting health checks, and duties of employees. The Code establishes authorities like Inspector-cum-Facilitators to enforce the law and bodies like the National Occupational Safety and Health Advisory Board to advise the government. It covers issues like working hours, leave, maintenance of records and more. The Code aims to protect all employees but some experts question if it adequately protects migrant workers.
The Factories Act 1948 was passed in India to regulate working conditions and safety standards in factories. Some key points:
- It aims to ensure worker health, safety and welfare. It covers all manufacturing establishments employing 20+ workers with power or 10+ without power.
- It regulates working hours, holidays, employment of children/women, welfare provisions like canteens/creches. Working hours are limited to 48 hours/week and 9 hours/day.
- It provides rules for safety measures, cleanliness, ventilation, lighting, dust hazards, fire safety etc. Hazardous processes have additional obligations.
- Non-compliance can attract fines up to Rs. 2 lakhs or imprisonment
The Factories Act 1948 was passed in India to regulate working conditions and safety standards in factories. Some key points:
- It aims to ensure workers' health, safety and welfare. It covers all manufacturing establishments employing 10+ workers with power or 20+ without power.
- It regulates working hours, holidays, leave, employment of children/women, and hazardous processes. Working hours are limited to 48 hours/week and 9 hours/day on average.
- State governments administer the Act through inspectors, certifying surgeons, welfare/safety officers. Contraventions are punishable with fines and imprisonment.
- The Act has been amended over time, with the most significant in 1987 to strengthen provisions
This document provides an overview of key sections of the Factories Act of 1948 in India. It begins with definitions of terms like adult, child, factory, and manufacturing process. It describes the roles of inspectors in enforcing the act. It then summarizes various chapters concerning health and safety of workers, including requirements for cleanliness, disposal of waste, ventilation, dust control, limits on overcrowding, and lighting. The overall purpose of the act is to regulate factories and protect workers from industrial and occupational hazards.
The document provides an overview of key sections and definitions within the Factories Act of 1948 in India. It discusses definitions such as what constitutes a factory, adult, child, hazardous process and more. It outlines obligations of workers and their rights. It describes the roles and powers of inspectors appointed to enforce the Act. The purpose of the Act is to regulate factories and protect workers' health, safety and welfare.
The document discusses the Factories Act of 1948 and the Department of Factories and Boilers in India. It outlines the department's main objective of ensuring compliance with labor legislation for factories. It lists 10 labor laws that the department enforces, including the Factories Act of 1948. It then provides more details on the Factories Act, including its provisions for health, safety, welfare, working hours and leave for factory workers. It also discusses the roles and responsibilities of occupiers, managers and inspectors in enforcing the legislation.
The Factories Act of 1948 was enacted to provide adequate compensation to workers affected by industrial accidents and regulate working conditions in factories. It applies to premises with 10 or more workers and any part of which involves a manufacturing process with power, or 20 or more workers for manufacturing processes without power. The Act contains provisions regarding facilities, safety measures, working hours and overtime, annual leave, and penalties for violations to protect worker welfare, health and safety.
Corporate Governance : Scope and Legal Frameworkdevaki57
CORPORATE GOVERNANCE
MEANING
Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions. It is, in essence, a toolkit that enables management and the board to deal more effectively with the challenges of running a company.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
The Future of Criminal Defense Lawyer in India.pdfveteranlegal
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Our company bridges the gap between registered users and experienced advocates, offering a user-friendly online platform for seamless interaction. This platform empowers users to voice their grievances, particularly regarding online consumer issues. We streamline support by utilizing our team of expert advocates to provide consultancy services and initiate appropriate legal actions.
Our Online Consumer Legal Forum offers comprehensive guidance to individuals and businesses facing consumer complaints. With a dedicated team, round-the-clock support, and efficient complaint management, we are the preferred solution for addressing consumer grievances.
Our intuitive online interface allows individuals to register complaints, seek legal advice, and pursue justice conveniently. Users can submit complaints via mobile devices and send legal notices to companies directly through our portal.
Genocide in International Criminal Law.pptxMasoudZamani13
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The immediate step is an intelligent choice; don’t procrastinate. In the aftermath of the crash, taking care of yourself and taking quick steps can help you protect yourself from significant injuries. Make sure that you have collected the essential data and information.
Business law for the students of undergraduate level. The presentation contains the summary of all the chapters under the syllabus of State University, Contract Act, Sale of Goods Act, Negotiable Instrument Act, Partnership Act, Limited Liability Act, Consumer Protection Act.
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
2. INTRODUCTION
In great Britain, the second half of the 18th century, there was a rapid
growth of industrial towns & factories.
As it was started without planning, they employed the women as well
as their children in factories who needed to work for more than 12
hours a day.
Some of the employees took initiative to implement labour
legislations, Factories Act came into existence in 1819.
After some modifications, the final amended of Factories Act took
place in 1948.
3. FACTORIES ACT IN INDIA
◦ The establishment of cotton mills in Bombay in 1851 followed by the
establishment of jute mills in 1855 @ Rishra in Bengal marked the
beginning Factory System in India.The number of factories grew
steadily.
◦ During 1872-73, there were18 Textile Mills - Bombay; 5 Jute Mills -
Bengal.Conditions in these factories were very gloomy and awful.
◦ First Indian Factories Act, came into force during 1881Comprehensive
Act was enacted immediately after the independence under the
nomenclature "The Factories Act, 1948.
◦ This Act has seen many amendments after the independence.
◦ The act have 11 chapters and 120 sections.
4. OBJECTIVES
◦ To ensure adequate safety measures and to promote the health and
welfare of the workers employed in factories.
◦ To prevent haphazard growth of factories through the provisions
related to the approval of plans before the creation of a factory.
◦ To regulate the working condition in factories, regulate the working
hours, leave, holidays, overtime, employment of children, women and
young persons ext.
5. ◦ It covers all the manufacturing process and establishments falling
under the definition of 'factory' as defines under the sec. 2(m).
◦ Unless otherwise provide it is also applicable to establishments of
central/state govt. (Sec. 116)
APPLICABILITY
6. DEFINITIONS
◦ Section 2 of the Act contains definitions of the terms used in the Act.
◦ "Adult" means a person who has completed his eighteenth year of age
[Section 2 (a)];
◦ "Adolescent" means a person who has completed his fifteen year of age
but has not completed his eighteenth year [Section 2 (b)];
◦ "Calendar year" means the period of twelve months beginning with the
first day of January in any year [Section 2 (d)];
◦ “Child" means a person who has not completed his fifteenth year of age
[Section 2 (c)];
◦ Young person" means a person who is either a child or an adolescent
[Section 2 (d)];
7. ◦ "hazardous process" means any process or activity in relation to an
industry specified in the First Schedule where, unless special care is taken,
raw materials used therein or the intermediate or finished products,
byproducts, wastes or effluents thereof would-
◦ (i) cause material impairment to the health of the persons engaged in or
connected therewith, or
◦ (ii) result in the pollution of the general environment:
◦ “day" means a period of twenty-four hours beginning at midnight;
◦ "week"means a period a seven days beginning at midnight on Saturday
night or such other night as may be approved in writing for a particular
area by the Chief Inspector of Factories;
◦ "power" means electrical energy, or any other form of energy, which is
mechanically transmitted and is not generated, by human or animal agency
8. RESPONSIBILITIES OF OCCUPIER
◦ Shall Ensure, So Far As Is Reasonably Practicable, The Health, Safety And
Welfare Of All Workers While They Are At Work.
◦ The provision and maintenance of plant & systems of work
◦ The arrangements in factory for ensuring safety in connection to use,
handling, storage and transport of substances
◦ The provision of such information, instruction, training and supervision
as are necessary to ensure the health and safety.
◦ The maintenance of all places of work in a condition that is safe
◦ Prepare and revise a written statement of general policy as often as may
be appropriate.
9. INSPECTING STAFF AND POWERS
◦ THE PERSONS VESTED WITH POWERS FOR ADMINISTRATION OF THE APPLICABLE
PROVISIONS OF LAW IN FACTORIES.
◦ Act empowers State Government to appoint persons as Inspectors
◦ He has got the power to enter to any premises (with assistants experts) which he has got
reason to believe it as a factory.
◦ He can make examinations of the premises, plant and machinery.
◦ He can direct the occupier to left undisturbed any place till his enquiries are completed.
◦ He can seize any records, take copies which is required for the purpose of enforcement
◦ He can take measurements, photographs and make such recordings which are required for
enforcement of Law
◦ He can call for production of any registers or documents pertaining to-his duties from the
occupier.
10. MAIN PROVISIONS UNDER FACTORIES ACT
◦ Health
◦ Safety
◦ Welfare
◦ Hazardous Processes
◦ Working Hours Of Adults
◦ Annual Leave With wages
11. HEALTH
Section11 Cleanliness
Section12 Disposal of effluent and wastes
Section13 Ventilation and temperature
Section14 Dust and fume
Section15 Artificial humidification
Section16 Overcrowding
Section17 Lighting
Section18 Drinking water
Section19 Latrines and urinals
Section20 Spittoons
12. SAFETY
( sec 21- 41)
◦ GENERAL SAFETY MANAGEMENT INCLUDES
◦ EQUIPMENT SAFETY,
◦ PERSONAL SAFETY
◦ MATERIAL SAFETY
◦ PROCESS SAFETY
◦ PERSONAL PROTECTIVE EQUIPMENT
◦ EXCESSIVE WEIGHTS
13. SAFETY OFFICER ( section 40 B)
◦ It empowers the state govt. for directing a occupier of factory to
employ such no. of safety officer as specified by it where more than
thousand workers were employed or where manufacturing process
involves risk of bodily injury, poising or disease or any other hazards to
health of the persons employed therein.
◦ Duty, Qualification and conditions of service may be prescribed by the
state govt.
14. WELFARE
Section 42 Washing facilities
Section 43 Facilities for storing drying clothes
Section 44 Facilities for sitting
Section 45 First aid appliances
Section 46 Canteen
Section 47 Shelter, rest rooms, lunch rooms
Section 48 Creches
Section 49 Welfare officer
Section 50 Power to make rules and supplements to this
chapter
15. WELFARE OFFICER
◦ Statutory appointment
◦ Mandatory incase of workers strength is more than 500
◦ Separate rules governing duties, qualification and conditions of
service is in force.
16. HAZARDOUS PROCESS
Section 41 A Constitution of site appraisal committees
41 B Compulsory disclosure of information by the
occupier
41C Specific responsibility of occupier related to
hazardous processes
41D Power of central govt to appoint inquiry
committee
41E Emergency standards
41 F Permissible limits of exposure of chemicals and
toxic substances
41 G Worker’s participation in safety management
41 H Right of workers to warn about imminent danger
17. WORKING HOURS OF ADULTS (51-63)
◦ Act regulates the working hours for adult workers employed in the factories
◦ Weekly hours / Daily hours;
◦ Weekly holidays
◦ Interval for rest
◦ Extra wages for overtime
◦ Spread over 10½ hours 12 hours
◦ Restriction of double employment
◦ Notice of periods of work - contrary is not allowed
◦ Power to make exempting orders
◦ Restriction on employment of women
18. ANNUAL LEAVE WITH WAGES
◦ One day for every twenty days
◦ Eligibility:
◦ 240 days in a calendar year - his/her service is from beginning of the
calendar year;
◦ 2/3rd of the calendar year - his/her service begins in the middle of
calendar year
◦ Issue of leave books in Form no. 15
◦ Leave with wages register in Form no. 14
◦ Any discharge/ dismissal - benefit shall be settled immediately.
19. OFFENCES AND PENALTIES (92-106)
For contravention of the Provisions of the Act or Rules Imprisonment upto 2 years or fine upto Rs.1,00,000 or
both
On Continuation of contravention Rs. 1000 per day
On contravention of Chapter IV dpertaining to safety or
dangerous operations.
Not less than Rs.25000 in case of death.
Not less than Rs.5000 in case of serious injuries.
Subsequent contravention of some provisions Imprisonment upto 3 years or fine not less than
Rs.10,000 which may extend to Rs.2,00,000.
Obstructing inspectors Imprisonment upto 6 months or fine upto Rs.10,000 or
both.
Wrongful disclosing result pertaining to results of
analysis
Imprisonment upto 6 months or fine upto Rs.10,000 or
both.
For contravention of the provisions of Sec.41B, 41C and
41H pertaining to compulsory disclosure of information
by occupier, specific responsibility of occupier or right
of workers to work imminent danger
Imprisonment upto 7 years with fine upto Rs. 2,00,000
and on continuation fine of Rs 5,000 per day.
Imprisonment of 10 years when contravention
continues for one year.