Retrenchment

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Section 2 (oo) of the Industrial Disputes Act, 1947 defines Retrenchment as - • retrenchment means the termination by the employer of the service of a workman for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but does not include-- • (a) voluntary retirement of the workman; or • (b) retirement of the workman on reaching the age of superannuation if the contract of employment between the employer and the workman concerned contains a stipulation in that behalf; or • (bb) termination of the service of the workman as a result of the non- renewal of the contract of employment between the employer and the workman concerned on its expiry or of such contract being terminated under a stipulation in that behalf contained therein; or • (c) termination of the service of a workman on the ground of continued ill- health • ------------------------------------------------------------------------------------------------------------- • Get our paid courses and ensure success in exam visit https://www.instamojo.com/Dynamic_Stu... • ------------------------------------------------------------------------------------------------------------- • For downloading notes in PDF format, Please visit my Digital Store https://www.instamojo.com/Dynamic_Stu... • ---------------------------------------------------------------------------------------------------------- • Please go through the video and don't forget to share your views and subscribe to the channel to keep the content open and reachable to students. • ---------------------------------------------------------------------------------------------------- • Keep on watching, keep on learning! • #DynamicStudy #NTANET

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