BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Banking Company
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Closure
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Award
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Conciliation Proceeding
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Detailed explanation-1: -Award means an interim or final determination of any industrial dispute or of any question relating thereto by any Labour court, Industrial Tribunal, or National Tribunal. The term Award also includes arbitration award.
Detailed explanation-2: -1*[(b) “award” means an interim or a final determination of. any industrial dispute or of any question relating. thereto by any Labour Court, Industrial Tribunal or. National Industrial Tribunal and includes an.
Detailed explanation-3: -(a) An Award is an interim or final determination of an industrial dispute. (b) It is an Interim or final determination of any question relating to such dispute. (c) Such interim or final determination is made by any Labour Court, Industrial Tribunal or National Industrial Tribunal.
Detailed explanation-4: -The interim relief granted is a direction to the petitioner not to enforce the order of transfer and continue the two workmen at Bangalore till the disposal of the dispute.
Detailed explanation-5: -Central Government Industrial Tribunal-cum-Labour Courts (CGIT-cum-LCs) are set up under the provisions of Industrial Disputes Act, 1947 for adjudication of industrial disputes arising in Central Sphere. There are 22 CGIT-cum-LCs set up in various States, out of which 10 are under Non-Plan and 12 under Plan Scheme.