Section 155: Power to demand bank guarantee or deposit

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If there is a possibility that one party will be entitled to receive any amount from the other party when the case running under this Act is adjudged and there is a likelihood of non-payment of such amount by such a party, the Labour Court may, for the execution of the decision, require such a party to deposit the amount equivalent to that amount or furnish a bank guarantee covering that amount.

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Section 155: Power to demand bank guarantee or deposit

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