Section 74 — Sixty days' notice to be given of intention to close down any undertaking.

74(2)

Notwithstanding anything contained in sub-section (1), the appropriate Government may, if it is satisfied that owing to such exceptional circumstances as accident in the undertaking or death of the employer or an extraordinary situation such as natural calamities or the like, it is necessary so to do, by order, direct that the provisions of sub-section (1) shall not apply in relation to such undertaking for such period, as may be specified in the order.

Premium Download · From ₹9

Need a Ready-Made Checklist or Easy-to-Understand Guide?

Consider our premium downloads — gazette-cited interpretation guides and compliance checklists that explain what each section means for your organization.

Visit Pro Store