Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
What is the procedure to close the factory permanently in tamil nadu
* If any one explain the procedure for closing the factory,
* there is any forms under factories act
* If any other procedure is there.
Pls let me share,

From India, Mumbai
Section 2(cc) defines the term closure under IDA 1947.
There is condition and procedure under Sec 25FFA and Under Sec 25-O(1) under Central Rule Rule 76C(1).At the same time please go through chapter VA & VB of Industrial Disputes Act, 1947 for effecting closure of your factory.
All Above will provide the condition for closure .
Notices/Forms to be filled
If Closure is under Section 25-FFA of The Industrial Disputes Act, 1947 Rule 76-B, Form Q (Form of notice of closure to be given by an employer) to be sent by the employer to the Labour Secretary(GoI)/ RLC(C )/ALC( C)/Local Employment Exchange.
If the closure is under Section 25-O(1) (Form of notice of closure to be given by an employer) to be sent by the employer to be served by the employer to the labor Secretary(GoI) with a copy to the Registered Trade Union of the establishment.
Settlement under the closure has to be done by paying notice period to the employees and all other due clearances like Gratuity,PF, Bonus.

From Taiwan,
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™