Question
Legal Studies Question on Labour & Industrial Law
Following is true about retrenchment:
A
It is removal of deadweight of uneconomic surplus.
B
It includes termination of services of a workman due to continued ill health.
C
It includes termination of employment of a workman on the ground of non- renewal of contract of employment.
D
Both (a) and (b) are true.
Answer
It is removal of deadweight of uneconomic surplus.
Explanation
Solution
The correct option is (A):It is removal of deadweight of uneconomic surplus..