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Which of the following option is a factor which has contributed to the slow progress of arbitration?
Absence of recognised unions which could bind the workers to a common agreement
To advise parties in important cases to accept arbitration
To review the position periodically
To evolve principles, norms and procedures for the guidance
The commission, on the basis of the evidence before it, has recorded the following factors which have contributed to the slow progress of arbitration in India:
(i) east availability of adjudication in case of failure of negotiations; (ii) dearth of suitable arbitrators, who command the confidence of both parties; (iii) absence of recognized unions which could bind the workers to common agreements; (iv) legal obstacles; (v) the fact that in law, an appeal is competent against an arbitrator’s award; (vi) absence of a simplified procedure to be followed in voluntary arbitration; and (vii) cost to the parties, particularly workers
By: santosh ProfileResourcesReport error
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