Meaning Of Workmen Compensation Act 1923

Whereas it is expedient to provide for the payment by certain classes of employers to their workmen of compensation for injury by accident.

Meaning of workmen compensation act 1923. 2 2 it extends to the whole of 3 the punjab 3 it shall come into force on the first day of july 1924. Interest on compensation amount to be awarded from the date of accident supreme court observed. The workmens compensation act 1923 is one of the important social security legislations. 2 it extends to the whole of india.

Employee s compensation act 1923 amendment act 2017 accident at work occupational disease disability benefits. 8 of 1923 1 5th march 1923 an act to provide for the payment by certain classes of employers to their workmen of compensation for injury by accident. Definitions of employees compensation act 1923. 3 it shall come into.

1950 for the former subsection. Workers compensation or workers comp formerly workmen s compensation until the name was changed to make it gender neutral is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee s right to sue his or her employer for the tort of negligence. The workmenâ s compensation act of 1923 was formed majorly to give compensations to workmen in the event of an accident. There are chances of accidents and injury while working on.

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. 1 in this act unless there is anything repugnant in the subject or context a b commissioner means a commissioner for employees compensation appointed under section 20. C compensation means compensation as provided for read more. Definition 1 in this act unless there is anything repugnant in the subject or context.

Short title extent and commencement 1 this act may be called the employee s compensation act 1923. The contracting of the disease shall be deemed to be an injury by accident within the meaning. Whereas it is expedient to provide for the payment by certain classes of employers to their workmen of compensation for injury by. The workmen s compensation act 1923 act no.

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. It is hereby enacted as follows 1. 1 this act may be called the workmen s compensation act 1923. 1 this act may be called the workmen s compensation act 1923.