 the industrial disputes (bankino companies) decision bill, 1955(as introduced in lok sabra)  the industrial disputes (banking companies) decision bill, 1955  [as introduced in lok sabra] 4bill to provide for the modification of the decision of the labour appetlate tribunal, dated the 28th day of april, 1954, in accordance with the recommendations of the bank award commission and for giving effect to the award accordingly be it enacted by parliament in the sixth year of the republic of india as follows:-1 this act may be called the industrial disputes (banking short duo companies) decision act, 1955 2 in this act, unless the context otherwise requires,-definitions (a) "appellate decision" means the decision of the labour appellate tribunal, dated the 28th day of april, 1954, in the matter of the appeals filed before it against the award of the iji-india industrial tribunal (bank disputes), bombay; 10 (b) "award" means the award of tge all-india industrial tribunal (bank disputes), bombay, constituted by the notification of the government of india in the ministry of labour no sro 35, dated the 5th day of january, 1952; is 20 (c) "bank award commission" means the person appointed by the resolution of the government of india in the· ministry of labour no lr 100(9)/55, dated the 25th day of february, 1955, to enquire into and report upon the terms of reference specified in the resolution of the government of india in the ministry of labour no lr 100(5p)/ 54, dated the 17th day of september, 1954; (d) "modification order" means the order of the government of india in th-e ministry of labour no srd 2732, dated the 24th day ·of august, 1954, modifying the appellate decision under section 15 of the industrial disputes (appellate tribunal) act, 1950 " xlviii of 5 1950  appellate 3 the appellate decision shall have effect as if the modifications decision to  have effect recommended m chapter xi of the report of the bank award com-::iect ~ifi- mission, dated the 25th' day of july, 1955, had actually been made catio: therein, and the appellate decision as so modified shall be the :co,::meng~ de'eision of the appellate tribunal within the meaning of the ie badk ~w!rd industrial disputes (appellate tribunal) act, 1950, and the award xlviii of commission shall have effect accordingly 1950 - duration of the award 4 notwithstanding anything co?tained in the industrial di;putes xiv of 1947 act, 1947, or the industrial disputes (appellate tribunal) act, 1950, xlviii of the award as now modified by the decision of the appellate tribunal is 1950, in the manner referred to in section 3 shall remain in force until the 31st day of march, 1959 ~~~::e 5 the provisions of the modification order shall not have, and no e1l'ec:t shall be deemed never to have had, any force or effect except, in so := ~  far as any of such provisions has become incorporated in the award 20 by reason' of the provisions contained in section 3 power to remove difficulticl 6 (1) if any difficulty or doubt ,arises as to the interpretation of any provision of the award as now modified by the decision of the appellate tribunal in the manner referred to in section 3, the central government shall refer for decisionth e matter in respect 25 of which such difficulty or doubt has arisen to the labour appellate tribunal constituted under the industrial disputes (appellate tribunal) act 1950, or to such industrial tribunal constituted under the industrial disputes act, 1947 as it may, by notification in the official gazette, specify in this behalf xlviii 1 92<?' 30 xiv of 1947-(2) the tribunal to which such matter is referred shall after giving the parties a reasonable opportunity of being heard, decide such matter and its decision shall be final and binding on all such parties  statement of obje~ts and reasonsin june, 1949, the central government referred for adjudication a number of disputes between the banking companies in the country and their employees to an all-india industrial tribunal known as the sen tribunal the tribunal gave its award in july, 1950, but it was set aside by the supreme court in april, 1951 the matter was subsequently referred to another all-india industrial tribunal known as sastry tribunal in january, 1952 that tribunal gave its award in april, 1953 on appeal, the labour appellate tribunal made certain alterations in the award the decision of the labour appellilte tribunal was modified by government in certain respects in august, 1954 in making the modifications, government was necessarily guided by the material available at the time it was - considered desirable to collect more complete data and to have the matter investigated further in the light of· those data governmerft, therefote, appointed a single-member commission of inquiry known as the bank award commission, consisting of a judge of the bombay high court the commission was requested to conduct a fact-finding enquiry and make recommendations as regards the further _modifications, if any, necessary in the decision of the labour appellate tribunal as adapted by the government's modification order the commission submitted its recommendations towards the end of july, 1955 government have accepted in full the recommendations of the commission on the substantive terms of the award this bill is designed to give, effect to the recommendations of the commission considering that the dispute has been pending since 1949 and that it has taken so long to finalise the terms and conditions of service of the employees in question, it is considered desirable that those terms and conditions should remain in operation for at least five years instead of the normal period of one year provided for in the industrial disputes act, 1947 the bill accordingly makes the necessary provision in this regard 2 it has also been considered advisable to provide for a suitable machinery to resolve points of difference or doubt between the parties- as regards the interpretation or application of the terms of the award provision in this regard has been made in the bill khandhubhai k desai new delhi; -the 15th september, 1955 - " , a bill to provide for ti-e modification of the decision of the labour" appellate tribunal, dated the 28th day of april, 1954, in accordance with the recommendations of the bank award commission and fer giving effect to the award accordingly~" (shri khandhubhai k desai" mim'ster oj labour ) 