Wage Settlement - Industrial Disputes

What is the difference betweeen 12(3) settlement and 18(1) settlement under Industrial dispute Act of India ( Apart from the difference of Triparty settlement and byparte settlement)

Hi
Main Difference
Settlement under 12(3) will cover all Unions and employees who were not a party to the settlement. It also covers all future employees.
Settlement signed under Section 18(1) will cover only parties to the settlement. It will cover only the members of the union who is a party to the settlement. Future employees are not covered under this settlement
Siva

Just go to the ID act and go through the forma given after the rules. you will find Form H and Form I. make use of these forms for the appropriate settlement.
Another differrence is that 12(3) is a tripartite settlement whose signatories are the worker/ union, the employer and the conciliation officer and 18 (1) is a bipartite settlement whose signatories are the worker/ union and the employer
Fredrick Castro
VP HR & IR

Sir,
Please read the 18 (3) of the Industrial Disputes act 1947. You will find the difference between 12(3) settlement and 18(1) settlement.
N.Vasudevan
IR Specialist