Dear experts,
The UP Government has declared a holiday on 22nd January 2024 under the Negotiable Instrument Act of 1881 due to Pran Pratishtha at Ayodhya Ram Janam Bhumi. Kindly clarify whether it would also apply to private sector offices under the Shop & Establishment Act as well as factories under the Factories Act.
Regards,
From India, Delhi
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19The UP Government has declared a holiday on 22nd January 2024 under the Negotiable Instrument Act of 1881 due to Pran Pratishtha at Ayodhya Ram Janam Bhumi. Kindly clarify whether it would also apply to private sector offices under the Shop & Establishment Act as well as factories under the Factories Act.
Regards,
From India, Delhi
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In our opinion it would not apply to the Private sector offices under the Shop & Establishment Act as well as Factories under the Factories Act. R N KHOLA
From India, Delhi
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From India, Delhi
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NI Act and Banking Transactions
The NI Act is for banking transactions. Earlier, most offices used to be shut when banks were closed.
Current Practices
Now, that is not the case. Companies make their own list and decide on it. Only in special cases, where the government explicitly orders offices to be shut (e.g., Election Day), it is compulsory.
From India, Mumbai
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The NI Act is for banking transactions. Earlier, most offices used to be shut when banks were closed.
Current Practices
Now, that is not the case. Companies make their own list and decide on it. Only in special cases, where the government explicitly orders offices to be shut (e.g., Election Day), it is compulsory.
From India, Mumbai
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Holiday Declaration Under the Negotiable Instruments Act
Holiday declared under the Negotiable Instruments Act applies only to government departments, banks, insurance, and other financial undertakings.
Applicability to Private Establishments
To be made applicable to shops, commercial establishments, factories, plantations, etc., the holiday should be declared by separate notification by the Labour Commissioner. This is because private establishments other than banks follow the state Act governing the holidays, such as the Uttar Pradesh Industrial Establishments (National Holidays) Act, 1961.
From India, Kannur
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Holiday declared under the Negotiable Instruments Act applies only to government departments, banks, insurance, and other financial undertakings.
Applicability to Private Establishments
To be made applicable to shops, commercial establishments, factories, plantations, etc., the holiday should be declared by separate notification by the Labour Commissioner. This is because private establishments other than banks follow the state Act governing the holidays, such as the Uttar Pradesh Industrial Establishments (National Holidays) Act, 1961.
From India, Kannur
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Telangana Negotiable Instrument Act Holiday List 2018.PDF
Maharashtra Private Security Guards Regulation of Employ Welfare Act 1981.doc