Authority | Duties | Powers |
Central Government | Provide for adjudication of industrial disputes concerning certain banking & insurance companies. | Make Rules & implement the Act; refer awards/ decisions for adjudication. |
State Government | Implement the Act to ensure settlement of industrial disputes in banking & insurance companies.. | Refer disputes to Central Government for constituting Central Tribunal. |
Industrial Tribunal | Constituted by the Central Government to hear disputes relating to certain banking and insurance companies | Adjudicate/ re-adjudicate industrial disputes relating to banking & insurance companies. |