http://legal-dictionary.thefreedictionary.

com/statute Inter Alia A phrase used in Pleading to designate that a particular statute set out therein is only a part of the statute that is relevant to the facts of the lawsuit and not the entire statute. Inter alia is also used when reporting court decisions to indicate that there were other rulings made by the court but only a particular holding of the case is cited. statute An act of a legislature that declares, proscribes, or commands something; a specific law, expressed in writing. A statute is a written law passed by a legislature on the state or federal level. Statutes set forth general propositions of law that courts apply to specific situations. A statute may forbid a certain act, direct a certain act, make a declaration, or set forth governmental mechanisms to aid society Statutory: Created, defined, or relating to a statute; required by statute; conforming to a statute. Conciliation The process of adjusting or settling disputes in a friendly manner through extra judicial means. Conciliation means bringing two opposing sides together to reach a compromise in an attempt to avoid taking a case to trial. Arbitration, in contrast, is a contractual remedy used to settle disputes out of court. In arbitration the two parties in controversy agree in advance to abide by the decision made by a third party called in as a mediator, whereas conciliation is less structured. Conciliation is used in labor disputes before arbitration and may also take place in several areas of the law. A court of conciliation is one that suggests the manner in which two opposing parties may avoid trial by proposing mutually acceptable terms. In the past, some states have had bureaus of conciliation for use in Divorce proceedings The submission of a dispute to an unbiased third person designated by the parties to the controversy, who agree in advance to comply with the awarda decision to be issued after a hearing at which both parties have an opportunity to be heard. Arbitration is a well-established and widely used means to end disputes. It is one of several kinds of Alternative Dispute Resolution, which provide parties to a controversy with a choice other than litigation. Unlike litigation, arbitration takes place out of court: the two sides select an impartial third party, known as an arbitrator; agree in advance to comply with the arbitrator's award; and then participate in a hearing at which both sides can present evidence and testimony. The arbitrator's decision is usually final, and courts rarely reexamine it

Adjudication
The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. It implies a hearing by a court, after notice, of legal evidence on the factual issue(s) involved. The equivalent of a determination. It indicates that the claims of all the parties thereto have been considered and set at rest

Lay-off and retrenchment The difference between these two is that retrenched employees are promised legally that they will be recalled on job (last go first come method) when the conditions of business gets better but in layoff employees are terminated without any such promise after paying all their legal dues.

Lay off means failure, refusal or inability of employer due to shortage of raw material, coal, power, breakdown of machinery etc to provide employment. It is of temporary nature. Ordinarily, retrenchment is discharge of surplus labor by the employer. According to section 2(oo) of the Industrial Disputes Act, 1947, retrenchment is the termination of service of a worker for any reason whatsoever, but excludes termination by way of punishment inflicted pursuant to disciplinary action, voluntary retirement, retirement on reaching the age of superannuation if the contract of employment contained such stipulation, non-renewal of the contract of employment, and continued ill health Lockout A lockout is a work stoppage in which an employer prevents employees from working. This is different from a strike, in which employees refuse to work.
Employer's withholding of work from employees in order to gain concession from them; it is the employers' counterpart of the employee's strike. Refusal by the employer to furnish available work to its regular employees, whether refusal is motivated by the employer's desire to protect itself against economic injury, by its desire to protect itself at the bargaining table, or by both.