Cabinet has rubber stamped a Labour Ministry proposal to clear a backlog of fifteen thousand labour tribunal cases on a fast track basis.
The proposal to be ratified before parliament makes it mandatory for Labour tribunal cases to be settled in four months, arbitration cases in two months and termination cases in one month.
rnThe government plans to add more Labour Tribunals to the present 24 while the court system will also get a four month deadline to finish labour cases.
rnThe labor minister told a conference on pension reforms that the new proposals would make it much easier for companies to restructure.
They have also made possible to make restructuring to on a given legal formula whereby anyone who undertakes restructuring would know how much it would cost them before they could make a decision.
Labour would know how much they would get,
dblquote Labour Minister Mahinda Samarasinghe says.(LBR)rn