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Importance of workmen compensation act 1923.
The employees compensation act 1923 is an act to provide payment in the form of compensation by the employers to the employees for any injuries they have suffered during an accident.
Importance of workmen compensation for employee.
It enables an employee and in case of death of an employee his dependents to get at the cost of his employer compensation for employment injury.
The objective of the workmen now employee compensation act 1923 as defined in the act is to provide for the payment of compensation by certain employers to their employees for injury caused to them by accident while in employment.
It ensure that their rights and value as labourers is maintained.
Saturday may 12 2012 assabt jamada el thaniah 21 1433 sanivara vaisakha 22 1934 at 10 22 13 pm the workmen s compensation act 1923.
The basis of workmen s compensation act 1923 passed in march 1923 and was put into force on 1st july 1924 is that the state government cannot be a silent spectator to the suffering of the working class engaged in factories or establishments who are exposed to the various risks to their limbs and lives.
Preamble whereas it is expedient to provide for the payment by certain classes of.
The employee s compensation act 1923 as amended through ec amendment act 2017 preamble an act to provide for the payment by certain classes of employers to their employees of compensation for injury by accident.
Whereas it is expedient to provide for the payment by certain classes of employers to their workmen of.
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When the employer is not liable to pay compensation.
An act to provide for the payment by certain classes of employers to their workmen of compensation for injury by accident.
Earlier this act was known as the workmen compensation act 1923.
The workman compensation act 1923 was formed to provide compensations for workers who acquired acquire injuries caused by accidents in the course of employment.
It aims at providing financial protection to workmen and their dependants in case of accidental injury by means of payment of compensation by the employers.
Nidhi shukla xiss 2.
