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Master the Industrial Disputes Act, 1947 & IR Code 2020 Updates in One Video! Welcome to MV Classes for labor law & HRM! In this session, we cover the most important Labor Law Act for UGC NET Code 55 and PSU HR exams—The Industrial Disputes Act, 1947. We don't just stop at the old act! This video includes a special "Game Changer" section where we compare the old IDA 1947 rules with the latest Industrial Relations (IR) Code, 2020. Learn how the limits for Strikes, Retrenchment, and Grievance Redressal have changed! 🔥 Key Topics Covered: ✅ Definitions: Industry (Triple Test), Workman, Industrial Dispute vs. Individual Dispute. ✅ Authorities: Works Committee, Conciliation Officer, Labour Courts & Tribunals. ✅ Strikes & Lockouts: Public Utility Services rules & Illegal Strikes. ✅ Lay-off & Retrenchment: The difference between Chapter V-A and Chapter V-B. ✅ Section 33: Protected Workmen & Conditions of Service during pendency. ✅ 🆕 IR Code 2020 Updates: Comparison of Thresholds (100 vs 300), New Strike Notice Rules, and Negotiating Union (51% Rule). ⏳ Timestamps (Jump to Section): 01:29 - Introduction & Objectives of IDA 1947 02:44 - Important Definitions, Appropriate government , (Industry & Workman) 10:15 - Preventive Machinery 15:48 - Dispute Settlement Machinery (Conciliation to Adjudication) 28:59 - Strikes & Lockouts (Legal vs Illegal) 36:38 - Lay-off, Retrenchment & Closure (Chapter V-A vs V-B) 48:55 - Protections, Penalties & Unfair Labor Practices 51:31 - Shedules & IR Code 2020 Updates (Old vs New Comparison) 📚 Exams Covered: UGC NET Code 55 (Labour Welfare/HRM) PSU HR Exams (Coal India, ONGC, NTPC, SAIL, BHEL) IBPS SO HR Officer MBA (HR) & LLM Labour Law 💡 Important Notes: Bangalore Water Supply Case: The "Triple Test" explained. Retrenchment Limit: Changed from 100 to 300 under IR Code 2020. Strike Notice: Now mandatory for ALL industries (14 days). 📢 Connect with MVClasses For Labor Law & HRM Subscribe for more Labour Law & HRM content! 👍 Like this video if you found the IR Code updates helpful. 💬 Comment below: Which topic is most confusing for you? 🔔 Turn on Notifications to never miss a lecture. #IndustrialDisputesAct1947 #IRCode2020 #LabourLaw #UGCNETCode55 #PSUHR #HROfficer #MVClassesLaborlaw&HRM #IndustrialRelations #Retrenchment #Strikes #LabourWelfare