What if an organization covered under the shops and establishment Act, ignore holiday declared under the Negotiable Instrument Act and opens office. Who is finally held responsible on the ground of penalizing as the face of the company for the same cause? Management or Human resource team.
From India, Lucknow
From India, Lucknow
On what grounds organisation covered under shops and establishment Act s are allowed to open office on holiday declared under Negotiable Instrument Act in state. What all can be valid reasons are there?
From India, Lucknow
From India, Lucknow
UP Govt. has declared public holiday on 23rd Aug due to sad demise of Mr. Kalyan Singh. Is it applicable to all Govt. and Pvt. office or we can open our office. If we open our office, what are the consequences, are we liable for any penalty or something?
From India, New Delhi
From India, New Delhi
The functioning of industrial establishments are not governed by the Negotiable Instruments Act, 1881. If a particular day is declared as holiday as per the NI Act, it only means that the financial liability due on that date as per the Act is duly discharged, if it is fulfilled the next day. In this case, for instance if any payment is due on 23rd August 2021, but it is discharged on 24th August 2021 no additional liability is caused by the delay in payment.
From India, Mumbai
1422From India, Mumbai
Dear KKHR,
You did not get my query,
It was if holiday declared under NI Act , company opens office dis obeying the same
What grounds are admissible
What penalties are there
Who is held responsible to bear that penalties Management for being ignorant or concern Local RHR for not making aware the seriousness of not obeying the law NI act
From India, Lucknow
You did not get my query,
It was if holiday declared under NI Act , company opens office dis obeying the same
What grounds are admissible
What penalties are there
Who is held responsible to bear that penalties Management for being ignorant or concern Local RHR for not making aware the seriousness of not obeying the law NI act
From India, Lucknow
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Holiday list for 2016.pdf
Central-Governm ent- of-India-Holida y-List 2016-page-001.j pg