Section 29

Power to terminate contract of employment.

The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972

  • Act 78 of 1972
  • Ministry of Heavy Industries and Public Enterprises
  • Department of Heavy Industry
About this Act

An Act to provide for the acquisition and transfer of the undertaking of the Richardson and Cruddas Limited, for the reconstruction of the register of its members and for matters connected therewith or incidental thereto.

All sections
    If the Custodian is of opinion that any contract of employment entered into by or on behalf of the old company at any time before the appointed day is unduly onerous, he may, by giving to the employee one months notice in writing or the salary or wages for one month in lieu thereof, terminate such contract of employment.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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