Difference Between Settlement And Agreement Under Industrial Disputes Act, 1947

J.Gopi Krishna
Plz. let us know what is the difference between agreement and settlement under industrial disputes act, 1947
ankurbrij
Agreement is defined in Contract Act, whereas settlement is defined under ID ACT.
Agreement may be verbal or written, while settlement is written
ommygautam
Every settlement can be a agreement but every agreement cannot be settlement
Gaurav.HRM
Agreement may or may not have long term impact but every settlement must have long term impact.
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