Memorandum of Settlement of Industrial dispute between Employer and Employees

Settlement agreement between employer and employee therein specifying the terms of settlement. It governs the terms and condition of settlement agreed upon by the parties. 
 

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    DRAFT OF FORM FOR MEMORANDUM OF SETTLEMENT OF INDUSTRIAL DUSPUTE BETWEEN EMPLOYERS AND EMPLOYEES

    Names of Parties

    Representing employer(s):

    Representing workmen:

    Short Recital of the Case

    Terms of settlement

    Signature of the parties

    …………….................

    ....................................

    Witness:

    (1)

    (2)

    Conciliation Officer

    Signature of ……………….

    Board of Conciliation

    Copy to:

    1.     Assistant Labour Commissioner (Central) .................................. [Here enter the office address of the Assistant Labour Commissioner (Central) in the local area concerned].

    2.     Regional Labour Commissioner (Central) ...................................

    3.     Chief Labour Commissioner (Central), New Delhi.

    4.     The Secretary to the Government of India, Ministry of Labour, New Delhi.

    Conciliation Officer

    In case of settlements effected by ………………..

    Board of Conciliation

    In case where settlements are arrived at between the employer and his workmen otherwise than in the course of conciliation proceeding.

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