In the landmark judgement by Supreme Court in case of “Bangalore Water supply and Sewerage Board Vs. A.…
In the landmark seven-judge Constitutional Bench ruling in Bangalore Water Supply and Sewerage Board v. A. Rajappa (1978), Justice V.R. Krishna Iyer laid down the 'Triple…
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In the landmark judgement by Supreme Court in case of “Bangalore Water supply and Sewerage Board Vs. A. Rajappa” which of the following is not considered as essential requisite for defining “Industry” ?
Answer and explanation
Correct answer B
In the landmark seven-judge Constitutional Bench ruling in Bangalore Water Supply and Sewerage Board v. A. Rajappa (1978), Justice V.R. Krishna Iyer laid down the 'Triple Test' for defining an 'industry' under Section 2(j) of the Industrial Disputes Act: (i) systematic activity, (ii) organized by cooperation between employer and employees, (iii) for the production and/or distribution of goods and services calculated to satisfy human wants and wishes. The Court explicitly held that profit motive and capital investment are not essential requisites.
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UGC NET HRM / Labour Welfare and Industrial Relations