Understanding Company Regulations: How to Identify Which Act Applies to Your Business?

mahijes
How can I understand which company is under the Factories Act and which is under the ID Act? Also, which companies fall under the Company Act? Please guide me.
saiconsult
All companies under the Factories Act will be covered by the Industrial Disputes Act of 1947. You must be aware of the distinction among the three. Simply put, the Companies Act deals with the formation of a company and its operations, while the Factories Act deals with the establishment and operation of a factory, and the Industrial Disputes Act focuses on the rights and obligations of the employers and employees working in the factory and the company.

B. Saikumar
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute