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Collective agreement is in fact the result of the collective bargaining process between employers and labor unions representing the workers. It also means a contract signed between workers and managers of an organization or business where the contents of the agreement have been prepared after consultation between the two sides. The agreement must meet the conditions required importances which are required by statute under section 14 of the IRA. If the trade union does not comply with it, the Court may require the party to amend the agreement.
Collective agreement is in fact the result of the collective bargaining process between employers and labor unions representing the workers. It also means a contract signed between workers a…