5 Questions
Under what circumstances are contributions payable during winding up with another company?
When the company is being wound up voluntarily for reconstruction or amalgamation purposes
Who is eligible to receive compensation under the Workmen's Compensation Act 1923?
Employees of the company
When can the amount payable under the Workmen's Compensation Act 1923 be transferred to another party?
When the company has a contract with an insurer
What is the purpose of the Workmen's Compensation Act 1923?
To provide compensation for work-related injuries or death
What is the relevance of the twelve months immediately before the commencement of winding up?
Determining the amount due to employees under the Workmen's Compensation Act 1923
Test your knowledge of the Employees' State Insurance Act (ESI Act) with this quiz. Evaluate your understanding of contributions, company winding up, reconstruction, amalgamation, and employer obligations under the Act.
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