27. In the event of disagreement between the company and the contractor concerning this contract and the implementation of the decision of the manager of the company, it is final and binding on the contractor. 7. The Parties shall determine by mutual agreement the number of persons to be appointed by the Contractor to effectively perform its obligations under this Contract. A labor supply contract is a legal document signed between an organization and a contractor to provide temporary labor. Under the Contract Labour Act 1970, the company is listed in the contract as the main employer and the workers are considered to be workers of the main employer. The contract must contain the requirements defined by the company, including the commitment made by the contractor. It is now agreed by and between the parties as follows. A crucial aspect of human resource management is a safeguard in case employees do not come to work. This ensures a quick continuation of work and the feeling that a contractor does not need to rely on a former worker to keep the work in progress. A contractor must also reserve a sufficient number of workers in reserve if it takes a position on an emergency situation related to workers` absenteeism.
The contract for the supply of labour in India is governed by the Contract Labour (Regulation and Abolition) Act 1970. The law was adopted to allow for better recognition of temporary workers and to abolish temporary agency work in certain sectors where working conditions are still primitive. The law provides for a minimum wage for temporary agency workers and only applies to sectors that employ more than 20 people per year as contract workers. The agreement is concluded at________ this ______ day_______ of _______ between M/s. XYZ Co.Ltd an entity registered under the Companies Act 1956 and having its registered office in ____ hereinafter referred to as “the company” of the first party and Mr. _____ having his residence hereinafter “the contractor” of the other party. 27. This Agreement shall enter into force on ————— and shall initially apply for a period of one year. It may be extended for a specified period by mutual agreement between the parties. The contract may be terminated by any party with a period of one month in writing to the other party. However, in the event of a breach of the contract by the contractor, the former has the right to terminate it immediately and without notice. (The notification shall be addressed to the address mentioned in the agreement between the contractor and the main employer) 21.
The Contractor must obtain a valid licence issued by the competent legal authority, in accordance with Labour Law (R&A) and the rules laid down therein. (The main employer is also required to obtain the license that must be mentioned agreement between the contractor and the main employer) 2. . . .
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