Answer: Industrial Disputes : The Industrial Disputes Act, 1947 defines an industrial dispute as, “any dispute or difference between employers and employers, or between employers and employees, or between employers and employees, which is connected with the employment, or non-employment, or the terms of employment or with the conditions of work of any person.”
Industrial dispute may take any form like strike, lock outs, picketing, gherao, boycott, bandh etc. It may be violent at times leading to loss of life and property. It disturbs the public life also. There are losses of man-hours and production which enterprise has to suffer.