Case study on compensation management in indian

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Compensation Management at Tata Consultancy Example | Graduateway

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy. Award holders in India have historically had an arduous time realizing the proceeds of an award when awards are challenged by award debtors and the enforcement proceedings are automatically stayed. By the present decision, the SC, under the Act, has given means to an award holder to secure a part or whole of the award amount pending the outcome of the petition to set aside the award under the Act. The award debtor, pending the outcome of the challenge to the award, is compelled to file an application for stay against the enforcement of the award wherein it may be required to deposit the award amount in court. This position which was made available through the Arbitration and Conciliation Amendment Act, Amendment Act has now been extended to even those matters which commenced prior to 23 October A key issue under the Act was that a petition for setting aside the award, filed under section 34 by an award debtor, meant an automatic stay against the enforcement of the award 3.
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Compensation Management at Tata Consultancy

The May 7 gas leak in the LG polymers plant in Vizag killed a dozen and injured over 1, With the situation now under control, the fear of crisis of the magnitude of the Bhopal gas tragedy repeating itself has ebbed. In the aftermath of the Bhopal gas leak, various legislations dealing with industrial accidents were passed — for example, the Environment Protection Act ; the Hazardous Waste Management and Handling Rules for Management; Storage and Import of Hazardous Chemicals in , and the Factory Act, was amended in But big gaps still remain.
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