Dear sir, You have not disclosed what is strength of your employees and specially workman category and nature of business etc. to respond you correctly on this point. Closure of any Industrial establishment is not permitted and hence not possible to terminate with notice pay. Under Uttar Pradesh Indl.Disputes Act, there are specific provisions for 'Closure' and "Retrenchment" which is strictly applicable to workmen category . You may adopt some strategy to remove only Staff Management with compliance of appointment letter for those who do not fall in workman category.If you terminate any workman without obtaining permission for Closure, your action will be illegal and punishable also.
Future Instt. of Management and Technology
Labour Law Adviser
NAVTARANG HR SERVICES
9634532026 15th May 2019 From India, New Delhi