Texmaco Ltd. vs Appellate Authority And Ors. on 28 November, 2000
In Association of Chemical Workers v. Wahid Ali and Ors., reported in 1980-I-LLJ-276 (Bom-DB), the Bombay High Court considered the role of concliation officer and observe that the conciliation officer would intervene when he finds that the settlement would be fair and reasonable and had been arrived at bonafide. Negotiations between the parties were admittedly held so that by reason of such closure, the employment opportunities of the workmen may not come to an end. No industrial dispute was raised although one existed. The backdrop of events, thus, has to be considered for the purpose of construction of the agreement.