An Analysis of the Corporate Sector’s Crimes and Associated Laws in India”

Abstract

In India, the need for industrial development has led to the establishment of a number of plants and factories by the domestic companies and under-takings as well   as by Transnational Corporations. Many of these industries are engaged in hazardous or inherently dangerous activities, which pose potential threat to life, health and safety of persons working in the factory, or residing in the surrounding  areas.  Though number of laws of our country regulates working of such factories and plants, there is no special legislation providing for compensation and damages to outsiders who may suffer because of any industrial accident.