Compensation example sentences

If any damage is done to a consumer, she has the right to get compensation depending on the degree of damage.Consumers can then complain and ask for compensation or replacement if the product proves to be defective in any manner.They can also award compensation to the victims and punishment to the violators.Why are there such sharp differences in safety standards across countries? And even after the disaster happened, why was the compensation to the victims so low? One part of the answer lies in what is perceived as the worth of an Indian worker.The existing laws also are not very clear on the issue of compensation to consumers injured by defective products.On payment of a nominal premium, the amount of loss or damage and compensation for injury, if any, can be recovered from the insurance company.The people who have been displaced by various development projects are largely poor tribals who do not get any benefits from these projects and are alienated from their lands and forests without adequate compensation.In India, a working knowledge of Companies Act 1956; Industries (Development and Regulations) Act 1951; Foreign Exchange Management Act and the Imports and Exports (Control) Act 1947; Factories Act, 1948; Trade Union Act; 1926; Workmen's Compensation Act, 1923; Industrial Disputes Act, 1947, Consumer Protection Act, 1986, Competition Act, 2002 and host of such other legal enactments as amended from time to time by the Parliament, is important for doing business.It also directed the institute to pay Rs 7000 as compensation and litigation cost.They, thereupon, obtained agreements from the sharecroppers to pay them compensation for being released from the 15 per cent arrangement.You might be interested in knowing how an aggrieved person gets his or her compensation.A part of the profit may be set aside and retained in the business to provide for certain future needs like growth and expansion or to meet future contingencies such as workmen compensation.In Tata Steel several initiatives have been taken to further improve the motivation levels and participation in the decision making process of the officers, greater impetus to training through a formalised system of a personal development programme, talent review and job rotation systems, compensation linked to the performance management system, formal rewards and recognition systems, knowledge management systems linked with appraisals, leadership opportunities in quality circles, continuous improvement and value engineering programmes and an extremely transparent and credible multi-path communication system to address queries and concerns of all employees through various dialogues both formal and online, with such tools as video conferencing, MD Online , special dialogues with senior management, meetings, conferences and seminars.