Closure Of Manufacturing Plant

ajithkumard
Wondering how to efect closure of manufacturing plant rendered un viable due to technology obselence and competition. Invite reader's opinion with case studies adressign the human side of the whole affair.
ajithkumard
More interested in knowing examples of closure related human issues and handling them.
Raj Kumar Hansdah
Whether the company itself is closing-up ???
Or, is it a question of closure of only one manufacturing unit ???
Every established and old company has faced such a problem during their existence; and every company devises its own way to overcome this situation, if they wish to continue.
Unfortunately, you have not given any detailed information about your unit. Any interested member would find it difficult to suggest anything substantial unless they have more information.
Warm regards.
EA MURUGAN
Dear friend
the closure is depending upon number of workers engaged under industrial dispute act . For closure , there is closure compensation for workers, and permission from concerning government is required.
By ea murugan'
98427 63303
satnam31
Clouser under Industrial dispute reason clearly state
1.fincial difficlites 2. accumulation of undisposed stocks 3. the expiry of period of the lease or licence expired .
workers entiltecompensetion under ID act sec- 25FFF.
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