Amendment status not verified — confirm the current text below against the official source.
Modification of award-(1) Any party who under the provisions of section 99 is entitled to give notice of the termination of an award may, instead of giving such notice, apply after the expiry of the period specified in sub-section (2), to a Labour Court, the Industrial Court or the Board making the award for its modification. (2) Such application in the case of an award- (a) which does not specify a date on which it shall cease to have effect shall not be made until the expiry of the period of two months, from the date on which notice can be given to terminate the award under section 99; (b) [Omitted] (3) On such application being made, the Labour Court, the Industrial it or the Board, as the case may be, after hearing the parties and taking evidence as it thinks fit, may modify the award with effect from such date not earlier than the date of application under sub-section (1), as it may specify. (4) Where an application for the modification of an award under sub-section (1) is made, such application shall not in any way affect the binding of such award in regard to the matters determined therein until it is modified. (5) Nothing in this section shall affect the right of any party to terminate award in accordance with the provisions of section 99.