The Children (Pledging Of Labour) Act, 1933
The Act aims to prohibit the pledging of the labour of children. As per this act, any agreement to pledge the labour of a child shall be void.
Penalties:
a. Whoever, being the parent or guardian of a child, makes an agreement to pledge the labour of that child, shall be punished with fine which may extend to fifty rupees.
b. Whoever makes with the parent or guardian of a child an agreement whereby such parent or guardian pledges the labour of the child, shall be punished with fine which may extend to two hundred rupees.
c. Whoever, knowing or having reason to believe that an agreement has been made to pledge the labour of a child, in furtherance of such agreement employs such child or permits such child to be employed in any premises or place under his control, shall be punished with fine which may extend to two hundred rupees.