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National Fertilisers & others, 1992 LLR 46.Ĥ. Standing Conference of Public Enterprises and another (SCOPE) 1991 LLR516.ģ. New Delhi General Mazdoor Union and Delhi Offices and Establishments Employees Un'ion vs. Best & Crompton Engineering Ltd., Madras and ors. Workmen of Best & Crompton Industries Ltd. Further, if the contention of the petitioner is accepted that they have become the employees of the principal employer as the provisions of sections 7 and 12 have been contravened, it may amount to their entry into service through back door in contraven­tion of service rules and other provisions for employment.2 The Supreme Court has also approved the decision of the Delhi High Court 3 In another case, the Bombay High Court has also dealt with the similar matter and held that the employees working in a canteen run by a contractor cannot become the employees of the principal employer because the contractor failed to register his contract under section 12 of the Act.ġ. If the Court says so, it will amount to legislation for which the Court has no power. If the employees of a contractor who is not holding a valid licence could become the employees of the principal employer, the legislator could have provided for it and said in very simple words contravention of provisions of sections 7 and 12 or any other of these provisions would make the casuaI workers of the contractor ipso facto the employees of the principal em ployer. Furthermore contravention of sections 7 and 12 is an offence. It only regulates the employment of contract labour in certain establishments and provides its abolition in certain circumstances, which would appear to be the ultimate object. Whether workmen engaged by a contractor not holding a valid licence under the Contract Labour (Regulation and Abolition) Act, 1970, can be treated as workmen of principal employer?Įarlier the Division Bench of Madras High Court has held that the definition of 'workman' in section 2(2) (b) of the Contract Labour (Regulation and Abolition) Act, 1970, implies that if the workman is not hired through a contractor holding a valid licence under the Act he would be a workman employed by the management itself 1 However, the Division Bench of Delhi High Court has dissented from the judgment of the Madras High Court in holding that the Contract Labour (R&A) Act does not prohibit employment of contract labour altogether. state of maharashtra and other, 1986-II lln 124(Bom.HC)Ģ. When challenged by the employees through their union before the high court, it was held that the government was right in declining the reference since the jurisdiction lies with the appropriate government.ġ. Wherein an establishment, more than 20 employees are engaged by a contractor for maintenance of gardens raised a dispute that they should be taken on the muster'roll of'the principal employer, the government declined to make a reference for adjudication to the labour court. By virtue of the provisions of section 10, the jurisdiction lies either with Central or State Government, as the case may be. Can the employees engaged by the contractor make a demand upon the employer to take them on the muster roll? Whether the appropriate government, on a dispute raised by such employees, can make a reference to the labour court or the industrial tribunal for adjudication to this effect?Īfter the Supreme Court decision in Veg oils(P)Ltd., (AIR 1972 SC 1942), statutory recognition has been given to section 10 of the Contract Labour (Regulation and Abolition) Act, 1970.

Definition Vendor: Examples Seller or supplier value additivity principal.1. Definition Vancouver Stock Exchange (VSE): Examples A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies value additivity principal.

Opposite of to growth stock value additivity principal. Often a value stock is one with a low price-to-book value ratio. Definition Value Manager: Examples to buy stocks that are at a discount to their fair value and to sell them at or in excess of that value. Definition Variable-Price Security: Examples A security that sells at a fluctuating market-determined price stocks and bonds are example value additivity principal.

Definition Voluntary Accumulation Plan: Examples Arrangement allowing shareholders of a mutual fund to purchase shares over a period of time on a regular basis, and in so doing take advantage of dollar cost averaging value additivity principal. More terms such as Value additivity principal in Dictionary V.