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Employees’ Compensation Act, 1923
This Act named employees’ Compensation Act, 1923 actually came in force on 1st of July, 1924. The prologue of the Act reads it as- An Act for providing the payment to the employees by certain classes of employers. In respect of the compensation for injury by accident.
Whereas, it is effective in providing for the payment to the workmen of compensation. For injury by accident by certain classes of employers. Thus, like the Employees State Insurance Act, 1948. By this, we can conclude that this Act was also enacted to safeguard the interest of employees’.
Since the enactment of this Act happened before the independence of the nation. In 1974 it was reviewed, and then accordingly changed as per requirements discussed in the review. And that is also the reason, which leads to the Act, makes reference to the ESI Act, 1948. Later this was enacted on a date that its original inception. Workmen’s Compensation Act, 1923 was the original name of the act. Therefore, this was later amended to be effective from 18th of January, 2010.
As covered under this Act, a broad overview of this would be that it entitles to the employees. For receiving payments by way of compensation for injury by accident caused over the course to the employees’. While pursuing the employment objectives. The enactment of this was mainly to enable the employees to be eligible for compensation. Even when they were not covered under the ESI Act. The facts for this Act should be perceived as of 1974 with consequent amendments. Because as mentioned earlier it was reviewed then.
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