Company Registered under which act?


Can somebody help me

Companies are registered under factories Act  or Shops & Establishment Acts. but somebody told that apart from these 2 Acts, companies are also register under other act such as banking. Can anyone help me and explain this in more detail?/

 

Regards

Nirmal Kumar Sahu

 
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Sr.Manager-human resources

"registration" is different and obtaining" licence" is different. if its a "factory" , they have to get factory licence under factories Act and if its a shop or establishment they need to get licence under shops and establishment Act.

 
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CS cum Legal executive

Dear member,

Law under which registration of active company is required is depends on its nature of business:-some common law under which every new company has to get it registered are:-

1. Employees Provident and Misc Prov act.

2. Contract labour Reg and abolition act

3. ESI

 

 
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CS cum Legal executive

One more thing you ahve check the number of employees to ensure applicability of some labour acts .

 
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