What is that this Legal Draft Template?
This is a proper legal settlement made between an company and a workman under the Workmen’s Compensation Act (now governed by using the Employee’s Compensation Act, 1923), where each parties agree on a compromise regarding the amount of repayment the workman will get hold of because of any harm sustained in the course of employment.
This draft is known as: “Agreement for Compromise Between the Employer and Workman for Payment of Compensation”
When Can It Be Used?
This agreement is used after a workman sustains an injury all through the course of employment and as opposed to pursuing a formal case or courtroom trial, both events decide to settle the problem collectively.
This happens when:
The injury changed into brought about at some stage in work obligations.
Both parties conform to avoid litigation.
Compensation is to be settled amicably.
Where Can It Be Used?
This draft is normally used:
- In business settings, factories, or construction sites.
- Before drawing near the Labour Commissioner or Tribunal.
- In Human Resource departments whilst handling paintings-associated damage claims.
- During mediation or agreement tactics among organization and employee.
Meaning of “Application for Adjournment”
What does “Application for Adjournment” suggest?
An Application for Adjournment is a formal request made to a court docket or tribunal to delay the listening to of a case to a later date.
Why is it used?
It’s used when:
- A party or attorney is unavailable at the hearing date.
- More time is needed to collect proof or put together the case.
- Settlement talks (like the one in this draft) are nevertheless ongoing.
Example:
Let’s say a workman filed a case for compensation in a Labour Court. However, the business enterprise and the workman start negotiating a compromise settlement (like the one above). The lawyer may additionally document an Application for Adjournment to delay the hearing and supply time to finalize this agreement.