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)
From India, Madras
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3From India, Madras
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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 are a party to the settlement. Future employees are not covered under this settlement.
Siva
From India, Chennai
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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 are a party to the settlement. Future employees are not covered under this settlement.
Siva
From India, Chennai
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Just go to the ID act and go through the form given after the rules. You will find Form H and Form I. Make use of these forms for the appropriate settlement.
Another difference 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
From India, Madras
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Another difference 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
From India, Madras
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