1Assistant Professor, School of Law
2Associate Professor, Dept. of Economics, VISTAS
Successful implementation of any legislation depends on the need and purpose of the act and provision to reach the right destination. The current study throws light on the pre requisite for industrialization and the penalties of violation of rule in labour law. For this purpose, an attempt to make a study on Industrial Dispute Act, 1947 (IDA 47), in terms of its concepts and penalties. Chapter one initiates the basics of IDA 47. Chapter two portrays the methodology of the study. Chapter three enlists the literature review. Chapter four discusses with concepts of IDA 47 and chapter five envisages the penalties of IDA 47. Last chapter concludes with the need of voluntary arbitration.
Industrial Dispute, Labor laws, conciliation, adjudication, Legal framework
