Business & Employment Law

Child labour is the practice that engages the child in economic activity. This practice deprives the child of their childhood and causes harm to the physical and mental development. Child Labor can be seen as both a social and economic problem. The causes of child labour are not limited to one or two; the causes are unlimited. Also, the problem does not get restricted to any one country; the problem persists in almost every country worldwide. Definition of child labour The employment of a child in any sort of industry or household activity is known as...

The companies act 2013 incorporates a public company. The directors of the company manage the company, and the shareholders own it. A public company has limited liability, and its shares are tradable in the public market and also known as public limited liability. A public limited company gets regulated by various legislation either in its business or in trading its shares. A public limited company in India is obliged to make its financial reports and balance sheets public to give shareholders all the information about the company before investing in ...

The definition of a company is prescribed under the companies act, 2013. A company is an entity incorporated under the companies act, 2013 or under any previous company law. A company is considered a legal entity or a legal person. Companies have the right to enter into contracts with other parties and sue or sued in the court of law, can possess and transfer properties in the same way as natural persons or incorporated association of persons. Features of companies act Separate legal entityA company is considered an independent or separate legal...

It was 15th March 1948 when the Minimum wages act 1948 came into force. It is an act of parliament enacted to ensure a minimum wage for skilled and unskilled workers employed in industries, factories, any place of business or other establishments. The act ensures that their employers do not exploit employees in any type of establishment or industry. The central government is empowered to make rules related to the minimum wages for the scheduled employment under this act; the least amount of remuneration required to be paid to an employee by an employe...