Unravelling the Profound Influence of Artificial Intelligence on Corporate Governance Practices: Navigating the Intricate Terrain of Company Law
Under the Industrial Disputes Act, 1947, a lockout is a temporary suspension of work by the employer as a result of a labor dispute. The Act defines a lockout as ‘the 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.’