Section 87 of ESI Act : Section 87: Exemption Of A Factory Or Establishment Or Class Of Factories Or Establishments
ESI Act
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Explanation using Example
Imagine a scenario where a new automobile manufacturing company, "AutoTech Pvt. Ltd.", has set up a factory in a special economic zone (SEZ) where the government is encouraging industrial growth. The company provides a comprehensive healthcare and social security package to its employees, which is superior to the benefits under The Employees State Insurance Act, 1948.
The management of AutoTech Pvt. Ltd. applies to the appropriate Government for an exemption from the operation of ...
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