Legal Issues of the Contract of Employment

Contracts have existed in society even before they were recognized in the eyes of the Law. Without contracts, life as we know it would cease to exist. Professor PS Atiyah, one of the most renowned scholars in the realm of contract law, argues that contracts make people better off in the society and further signifies the purpose of contracts to be one of securing cooperation in human behaviour and especially in exchange. It is the profound importance of contracts in human lives which made it enforceable in the eyes of the Law, despite not necessarily involving or impacting the larger public. The laws relating to contracts are now well established in every jurisdiction, and their enforceability is unquestioned. In India, the statutory laws of Contract are one of the oldest laws of the country, enunciated under the Indian Contract Act, 1872. One of the most relevant business contracts is Contract of Employment; it is a contract entered into between the employers and the employees in order to avoid any confusion and to make sure that they are on the same page.  In this world of business complexities, a contract of employment is of paramount importance. It is required to secure the rights of the employee against the employer and vice versa. The article here talks about the Contract of Employment, the related laws and the issues that come with the Contract of employment. It further talks about the role of the judiciary in interpreting and solving those issues.