MoLE extends the period of services engaged in the Banking industry

May 03, 2021 | by Avantis RegTech Legal Research Team

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Labour Compliance

The Ministry of Labour and Employment (MoLE) on April 16, 2021 issued a notification declaring the extension of services of the industries engaged in the Banking industry as public utility service for the purpose of the Industrial Disputes Act, 1947 for a further period of six months with effect from April 21, 2021.

MoLE lastly declared the said industry to be a public utility service vide S.O. 3548 (E) dated October 12, 2020 till April 2021.

[Notification No. S.O. 1722(E)]



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