Unsplashed background img 1
What is the binding effect of an award or a settlement?

An award or a settlement, arrived at in the course of conciliation proceeding is binding on:
(a) all parties to the dispute;
(b) the heirs, successors or assigns of the employer in respect of his establishment;
(c) all persons in the establishment whether employed on the date on which the dispute arose or subsequent to that. S.18(3)

Did you find this content helpful?

Yes No

Call us on 09920-100-462 |Request a quotation

LK Nakashe Consultants Pvt. Ltd is India’s leading compliance & labour law consulting firm. Headquartered in Mumbai, we are ISO 9001 Certified & Crisil Certified, and we serve all 29 states and 7 union territories of India. Our service bouquet includes Registration & Renewal Services, End-to-End Monthly Compliance Services, Audit & Due Diligence Services, Advisory & Consulting Services, Payroll Management Services and Contract Staffing Services. Our client list of 750+ companies includes some of India’s biggest business conglomerates, MNCs, public listed companies & SMEs

First-of-its-kind app that UN-COMPLICATES compliance & labour laws. Download for free on iOS & Android Google play App store