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CMA Intermediate · Business Laws and Ethics · Employees State Insurance Act, 1948

Under the Employees' State Insurance Act, 1948, the body established for administering the scheme of Employees' State Insurance is known as:

The Act establishes the Employees' State Insurance Corporation to administer the ESI scheme. It is a body corporate with perpetual succession and a common seal, and it can sue and be sued in its own name. It is not a board, commission or private trust.

  1. AEmployees' State Insurance Corporation, a body corporate with perpetual succession and a common sealCorrect
  2. BEmployees' State Insurance Board, a statutory committee without separate legal existence
  3. CEmployees' State Insurance Commission, an advisory body of the Central Government
  4. DEmployees' State Insurance Trust, a private trust of employers

Explanation

Section 3 provides that a Corporation called the Employees' State Insurance Corporation is established for administering the scheme. It is a body corporate with perpetual succession and a common seal and can sue and be sued. The other options name bodies that the Act does not create.

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