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  2. Lay-Off, Retrenchment, and Closure are three scenarios in employment law that result in employees losing their jobs12. Here's what they mean:
    1. Lay-Off: Temporary suspension or permanent termination of employment.
    2. Retrenchment: Permanent dismissal due to business downsizing or closure.
    Learn more:
    Lay-Off, Retrenchment and Closure are three case scenarios contemplated in the Industrial Disputes Act, 1947, which essentially results in employees losing their jobs. Chapter V-B was added in the Industrial Disputes Act, 1947 through amendment under Article 32 of the Constitution.
    legal60.com/lay-off-retrenchment-and-closure-an-o…
    Lay-off is a temporary suspension or permanent termination of employment, while retrenchment is a permanent dismissal due to business downsizing or closure.
    www.difference.wiki/lay-off-vs-retrenchment/
     
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    WEBNov 11, 2022 · Lay-off occurs while the establishment is continuing operation. In Lock-out, the establishment is completely closed. In lay-off, the employer is unable to provide employment to one or more workmen …

     
  5. WEBJun 1, 2020 · Lay-Off, Retrenchment and Closure are three case scenarios contemplated in the Industrial Disputes Act, 1947, which essentially results in employees losing their jobs. Chapter V-B was added in the Industrial …

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    WEBMay 27, 2023 · “Lay-off generally occurs in a continuing business, whereas lockout is the closure of the business. In the case of a lay-off owing to the reasons specified in Section 2 (kkk), the employer is unable to give …

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  11. Industrial Relations Code, 2020 - An overview - Lexology

    WEBOct 2, 2020 · The IRC 20 consolidates and amends the laws relating to Trade Unions, conditions of employment in industrial establishment or undertaking, investigation and settlement of industrial disputes and...

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