Dear Professionals, Greetings of the day! Requesting your advice on the applicability of the Shops and Establishment Act for the Banking sector in the following states:
1. Karnataka: The Karnataka Shops and Establishment Act 1961, under section 3(f), clearly mentions exemptions for offices of a banking company. Are banks exempted under the Karnataka Shops and Establishment Act? Please advise.
2. Maharashtra: Is the Maharashtra Shops and Establishment Act applicable to the Banking sector? Yes or no?
3. Kerala: What about in Kerala?
4. Tamil Nadu: And in Tamil Nadu?
5. Andhra Pradesh and Telangana: How about in Andhra Pradesh and Telangana?
Kindly provide your opinion.
From India, Bangalore
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1. Karnataka: The Karnataka Shops and Establishment Act 1961, under section 3(f), clearly mentions exemptions for offices of a banking company. Are banks exempted under the Karnataka Shops and Establishment Act? Please advise.
2. Maharashtra: Is the Maharashtra Shops and Establishment Act applicable to the Banking sector? Yes or no?
3. Kerala: What about in Kerala?
4. Tamil Nadu: And in Tamil Nadu?
5. Andhra Pradesh and Telangana: How about in Andhra Pradesh and Telangana?
Kindly provide your opinion.
From India, Bangalore
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Public Sector Banks, Scheduled Commercial Banks and Rural Banks are exempted from the provisions of the Kerala Shops and Commercial establishments Act.
From India, Kannur
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4526From India, Kannur
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Generally, all the commercial banks in the public sector are totally exempted from the State Shops and Establishments Act as they are directly under the control of the Reserve Bank of India. All other banks in the private sector are covered by the S&E Acts in the states. However, they can seek exemption from certain provisions like maintenance of registers, etc. Similarly, there are certain exemptions in respect of cooperative banks and societies.
Refer to State Notifications
It is better to refer to the notifications of every state in this regard.
From India, Salem
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Refer to State Notifications
It is better to refer to the notifications of every state in this regard.
From India, Salem
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