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7retrenchment connotes in its
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ordinary acceptation that the business itself is being con tinued, but a portion of the staff
or labour force is discharged as surplusage . It would be against the entire scheme of the
Act to give the definition clause relating to retrenchment such a meaning as would
include within the definition of termination of all workmen by the employer when the
business ceases to exist«8  
   
  

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7it cannot be doubted that the entire scheme of the
Act assumes that there is in existence an industry and then proceeds on to provide
various steps being taken when a dispute arises in that industry. Thus, the provision of
the Act relating to lock out, strike, lay off, retrenchment, conciliation and adjudication
proceedings, the period during which the awards are to be in force, have meaning only if
they refer to an industry which is running and not one which is closed. I n our
interpretation in no case, is there any retrenchment unless there is discharge of surplus
labour or staff in a continuing or running industry 8 ?
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consideration of the government. One proposal for lay off was withdrawn while the other
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