https://www.taxtmi.com/caselaws?id=173634 Employees lent by one company to another may still fall within Section 20(1) of the Air Corporations Act, 1953 if they were actually working for the undertaking, were paid by it, and were under its control and management. The statutory scheme secured continuity of service on existing terms, while preserving a written option to opt out within the prescribed time. Special lending arrangements, including recall rights and different service terms, did not by themselves exclude statutory employment. Where the employees did not validly opt out, their service transferred to the Corporation by operation of law and they could not claim a right to revert to the lending company or seek alternative relief. en-us Wed, 30 Nov 1960 00:00:00 +0530 Fri, 18 Sep 2015 18:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173634 Employees lent by one company to another may still fall within Section 20(1) of the Air Corporations Act, 1953 if they were actually working for the undertaking, were paid by it, and were under its control and management. The statutory scheme secured continuity of service on existing terms, while preserving a written option to opt out within the prescribed time. Special lending arrangements, including recall rights and different service terms, did not by themselves exclude statutory employment. Where the employees did not validly opt out, their service transferred to the Corporation by operation of law and they could not claim a right to revert to the lending company or seek alternative relief. Case-Laws Indian Laws Wed, 30 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173634