Page 7 - IC24 LEGAL ASPECTS OF LIFE ASSURANCE

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