Author: Samidha Hegde

Articles

Karnataka Shops and Establishment Act,1961 by Samidha Hegde@Lexcliq

Introduction- Karnataka Shops and Establishment Act registration is a mandatory requirement for all companies, persons, and legal entities planning to set up a shop or commercial establishment in the state. The Act is an important document for employers and their human resources (HR) departments in the state. The Act regulates commercial establishments in areas such as […]

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Maternity Benefit Act 1961 by Samidha Hegde@Lexcliq

Introduction- The Maternity Benefit Act is one of the best steps taken by the government to protect women employment while they experience their Maternity. Maternity Benefit is basically the benefit of getting full paid absence from work. This benefit is given to the woman with the motive to help her in taking care of her […]

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Gratuity under Payment of Gratuity Act 1972 by Samidha Hegde@Lexcliq

Introduction The Payment of Gratuity Act 1972 is a social security enactment. An Act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, Railway companies, shops or other establishments.The significance of this legislation lies in the acceptance of the principle of gratuity as a compulsory statutory retiral […]

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Bonus under Payment of Bonus Act,1965 by Samidha Hegde@Lexcliq

Bonus Meaning :  ‘Bonus’ is a payment made by an employer to maintain the industrial harmony and to give Philip to the employees to exert their utmost to keep up the industry active and aloft. The concept of payment of bonus is not the product of any generosity of the employer but it is one paid in […]

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Winding up of a Company by Samidha Hegde@Lexcliq

What is Winding Up or Liquidation of a Company? The winding up or liquidation of a company is the process by which a company’s assets are collected and sold in order to pay its debts. Any monies remaining after all debts, expenses and costs have been paid off are distributed amongst the shareholders of the […]

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