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Which one of the following statements relating to conclusion of conciliation proceedings under t e Industrial Disputes Act, 1947 no correct?
It is concluded -on---the date when a memorandum of settlement is signed by the parties
It is concluded on the date when it ends in failure resulting in no memorandum of settlement signed between the parties
It is concluded on the date when the report of the Conciliation Officer is received by the Appropriate Government when no settlement is arrived.
It is concluded on the date when the reference is made by the Appropriate Government to the Labour Court/ Industrial Tribunal under Section 10 of the Act during pendency of the conciliation proceedings
- Option 1: Conciliation ends when both parties sign a memorandum of settlement. This signifies a successful resolution.
- Option 2: Conciliation doesn’t conclude merely when it fails. Further steps follow a failure, so this isn't the correct conclusion point.
- Option 3: Conciliation concludes when the report of failure is received by the government, which is the next formal step after no settlement.
- Option 4: Conciliation ends if, during its pendency, the matter is referred to a Labour Court or Tribunal.
Correct Answer: Option 3
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