Section 117: To hold negotiations on collective claims, demands

1) In the event of submission of collective claims or demands pursuant to Section 116, the concerned employer shall, not later than seven days of the date of submission of such claims or demands, give notice in writing to the collective bargaining committee, stating inter alia the venue and time for negotiation.

2) Where a notice is given pursuant to sub-section (1), the members of the collective bargaining committee shall be present for negotiations at the venue and time stated in the notice.

3) If, while conducting negotiations, any understanding or agreement is reached between both the parties, the disputes relating to the collective claims, demands shall be settled.

4) The understanding or agreement made pursuant to sub-section (3) shall be binding for the concerned parties.