1.

TERM: Reinstatement MEANING: Restoring of an employee to the position he occupied prior to dismissal, stating that an employer shall treat the former employee in all the respects as if he had not been dismissed. EXAMPLE: In case of recent AI pilots issue the management has been directed by court to restore all its pilots whom it sacked during the strike. 2. TERM: Remuneration MEANING: Consideration for services rendered in form of money or any benefit. EXAMPLE: Wages. 3. TERM: Conciliation MEANING: Settlement of a dispute outside the courts by reference to a third party (neutral) who has no right to award or call witness. EXAMPLE: In Mahabharata, Lord Krishna conciliated between pandavas and kouravas. 4. TERM: Retrenchment MEANING: Termination by the employer of the service of a workman for any reason other than punishment. EXAMPLE: A company can retrench an employee when he is caught red handed for a theft. 5. TERM: Award MEANING: An interim or final determination of any industrial dispute or any question relating thereto by any authority. EXAMPLE: In case of a litigation between employees and employer for hike in salary, and if the court finds it reasonable and legal, it will award the employees with a increased salary. 6. TERM: Allegation MEANING: A statement of fact in proceedings made by a party who undertakes to prove it. EXAMPLE: Recently there was an allegation from Sangma that Pranab enjoys another office posting. 7. TERM: Affidavit MEANING: Written statement sworn in name of deponent.

EXAMPLE: If employees have filed a case against company for improper remunerations or basic salary, they will submit a document clearing stating the misdeeds of the company proving the company to be wrong. 8. TERM: Strike MEANING: Cessation of work by a body of person employed in any industry or refusal under a common understanding to work. EXAMPLE: AI Pilots underwent 58 days strike recently with a demand to restrict dream liner training only to them. 9. TERM: Lay off MEANING: Failure, refusal or inability of an employer to give employment to a workman. EXAMPLE: A company may be closed due to unexpected natural disaster like flood. 10. TERM: Lock out

MEANING: It means the temporary closing of a place of employment or refusal by employer to continue to employ the employees. EXAMPLE: If the union is asking for higher wages, or better benefits, an employer may use the threat of a lockout or an actual lockout to convince the union to back down. 11. TERM: Closure

MEANING: It means the permanent closing down of a place of employment or part thereof. EXAMPLE: Due to bankruptcy a company may be closed. 12. TERM: Breach

MEANING: Violation of law. EXAMPLE: Beginning a strike without proper information or permission is breaching. 13. TERM: Adjudication

MEANING: Formal judgement or decision given by court. EXAMPLE: In AI case Delhi HC has recently adjudicated the pilots to resume to work . 14. TERM: Misreprenstation

MEANING: A false statement which the person making it honestly believes to be true or which he does not know to be false.

EXAMPLE: An employee would have submitted his college degree believing it to be true, but later it may be detected that institution was not a government approved one. 15. TERM: Encroachment

MEANING: Unlawfully entering upon anothers rights or possessions EXAMPLE: A factory extending itself into the premises of nearby factory. 16. TERM: Infringement

MEANING: Violation of or trespass on some right EXAMPLE: Misuse of a firms copyrighted property by its employee 17. TERM: Injunction

MEANING: An injunction is an equitable remedy in the form of a court order that requires a party to do or refrain from doing specific acts EXAMPLE: In AI case the Delhi HC has injuncted the AI management to reinstate its sacked pilots 18. TERM: Grievance

MEANING: Complaint filed by an employee which may be resolved by procedures provided for in a collective agreement or by mechanisms established by an employer EXAMPLE: Grievance of factory labours may be like requirement of clean workplae 19. TERM: Superannuation

MEANING: Retirement on achieving a specific age as specified by concerned authority EXAMPLE: In our state retirement at age of 58 is superannuation 20. TERM: Gratuity

MEANING: It is a payment which is intended to help an employee after his retirement whether is result of rule of superannuation or of physical disability. EXAMPLE: Pension, PF 21. TERM: Fiduciaries

MEANING: An authority who should exercise his power honestly.

EXAMPLE: A finance personnel should not leak out the to be announced share prices to his friends or relatives to motivate them to buy or sell shares. 22. TERM: Ratification

MEANING: Confirmation, Approval. EXAMPLE: An incumbent is accepted as an employee only after proper ratification. 23. TERM: Emoluments

MEANING: Some profit or advantage a person is benefited. EXAMPLE: Salaries, fees, wages, perquisites. 24. TERM: Plaintiff

MEANING: One who initiates the law suit. EXAMPLE: In case of AI the IPG is the plaintiff. 25. TERM: Consent

MEANING: The act of assenting an offer. EXAMPLE: After employees request a company gives consent for bonus.