Facing Factory Closure Due to Costs: What Steps Should I Take Next?

My management would like to close the running factory because of costing. Please provide me with the procedure and necessary actions for the same.

Meher B.B.

Dear Team Member,

My mobile number is 9421664180, and my email address is bhagwanmaher@yahoo.com.

Please forward me the procedure regarding the closure of the factory. Our management has decided to close the factory due to high costs.

Thanks & Regards,
B.B. Meher
9421664180

Dear Team Member,

My mobile number is 9421664180, and my email ID is bhagwanmaher@yahoo.com.

Please forward me the procedure regarding the closing of the factory. Our management would like to close the factory due to high costs. There is a union, and all employees have been working for the last 10-12 years. They are not interested in closing the factory and are also unwilling to increase productivity to overcome the high costs.

Thanks & Regards,

B.B. Meher
9421664180

Dear,

Please look into the state factory rules. You should inform the relevant authority regarding the closure of business hours. They might inspect before declaring it sick.

Please consult with a Labour law consultant. They would better guide you in this situation, and you need to pay all the benefits and compensation as per the policy laid down by the company.

Regards,
Vipin