The temporary closing of the work place or suspension of the work at work place by the employer is known as:
The temporary closing of the work place or suspension of the work at work place by the employer is known as:
.
Option A: Layoff
Option B: Lock out
Option C: Retrenchment
Option D: None of the above
Correct Answer
Option: b
Explanation
Section 2(1) of the Industrial Disputes Act, 1947 defines lock-out as: “lock-out” means the temporary closing of a place of employment or the suspension of work, or the refusal by an employer to continue to employ any number of persons employed by him.