Page 7 - IC24 LEGAL ASPECTS OF LIFE ASSURANCE
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The Code of Civil Procedure and the Code of Criminal Procedure
are to be followed in civil and criminal matters.
Arbitration is a quasi-judicial procedure which saves time and
expenses and avoids unnecessary technicalities.
The Government has enacted various labour laws such as the
Industrial Disputes Act 1947, the Shops and Establishment Acts of
various States, the Workmen's Compensation Act.1923, the
Payment of Wages Act 1936. the Trade Unions Act,1926, the
Payment of Gratuity Act,1972 etc. to protect the interests of the
employees working in organisations.
The Industrial Disputes Act 1947 cover dispute between
between employers and employers
between employers and workmen
between workmen and workmen