Dear Professionals " Greetings of the day "
Requesting you please advise Shops and Establishment Act applicability for Banking sector below states :
1. The Karnataka Shops and Establishment Act 1961 under section 3(f) clearly mentioned Exemptions ( offices of [a banking company];
Answer : Banks are exempted under Karnataka shops & Esst Act - Please suggest.
2. In Maharashtra Shops & Establishment Act is applicable for Banking sector ? _ Yes or Not
3. In Kerala ?
4. In Tamil Nadu ?
5. In Andhra Pradesh & Telangana ?
Kindly please give your opinion !!
From India, Bangalore
Requesting you please advise Shops and Establishment Act applicability for Banking sector below states :
1. The Karnataka Shops and Establishment Act 1961 under section 3(f) clearly mentioned Exemptions ( offices of [a banking company];
Answer : Banks are exempted under Karnataka shops & Esst Act - Please suggest.
2. In Maharashtra Shops & Establishment Act is applicable for Banking sector ? _ Yes or Not
3. In Kerala ?
4. In Tamil Nadu ?
5. In Andhra Pradesh & Telangana ?
Kindly please give your opinion !!
From India, Bangalore
Public Sector Banks, Scheduled Commercial Banks and Rural Banks are exempted from the provisions of the Kerala Shops and Commercial establishments Act.
From India, Kannur
From India, Kannur
Generally, all the Commercial Banks in the Public Sector are totally exempted from the State Shops and Establishments Act as they are directly under the control of the Reserve Bank of India.
All other banks in the Private Sector are covered by the S&E Acts in the States. However, they can seek for exemption from certain provisions like maintainance of registers etc.
Similarly there are certain exemptions in respect of Co-operative banks and societies.
It is better to refer to the notifications of every State in this regard.
From India, Salem
All other banks in the Private Sector are covered by the S&E Acts in the States. However, they can seek for exemption from certain provisions like maintainance of registers etc.
Similarly there are certain exemptions in respect of Co-operative banks and societies.
It is better to refer to the notifications of every State in this regard.
From India, Salem
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.