CS Executive · Setting Up of Business, Industrial and Labour Laws · Various Initial Registrations and Licenses
Anita Foods Pvt Ltd leases a new retail outlet in Jaipur and hires four staff. Which step is most appropriate for the company regarding the Shops and Establishments registration?
The company should apply to the competent State authority within the prescribed time and display or keep the registration certificate at the outlet. Shops and establishments registration is issued by the State labour authority, not by SEBI or the Registrar of Companies.
- AWait until the first labour inspection before applying
- BApply to the competent authority under the Rajasthan law within the time prescribed after commencing, or as the State rule requires, and display the certificate at the premisesCorrect
- CApply only to SEBI
- DObtain registration from the Registrar of Companies in place of the State authority
Explanation
The employer must comply with the State's registration or intimation timeline with the designated authority and keep the certificate available or displayed. Waiting for an inspection is non-compliance. SEBI and the ROC do not issue this registration.
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