Amendment status not verified — confirm the current text below against the official source.
Tribunal of Arbitration -(1) Any dispute arising out of a contact of employment referred to in section 37 between the University and the employee or between the University and the employees of the erstwhile Netaji Subhas Institute of Technology In terms of the provisions of clause (a) of Section 4, shall be referred to aTribunal of Athltradon which shah consist of one member nominated by the Board of Management, one member nominated by the employee concerned and an arbitrator to be nominated by the Oancellor. (2). Every Such referenee shad be deemed to fie ri submission to arbitration on the terms of this section within the meaning to ihe law of Arbitration es in force, and ell the provisions of that law, with the examtion of section 2 thereof. shall apply occordingly: (3) The procedure for regulating the wore of the Tribunal of Arbitration shall be such as amay marbe prescribed bytise (4) The decision of the Tdbunal of Arbitration shall be binding on the parties and ao. mit shad Ile in reseed of anti matter decided by the TribUrtfiL 39, Prnettlentand Pension funds - The University Shill constitute for benefit of Ito yees suds provident fund and pension fund or provide finch bb editing as it may deem fit In such manner and subject to such conditions as may be.prescribed; Provided that the Wain; employees of Nati Subhas University of Technology shrill continue to be governed by the egisurilt passion and Provident Fund Weems Prevailing to their services In the Nett* Subilas Institute.of IncimelogY•