Difference Between Company Closure and Change Management Process
Company closure is different from the Change Management Process. Company closure may be due to losses in business, a product becoming outdated, dysfunctionality, or other reasons. The Change Management Process pertains to manuals of operating processes or procedures that are related to audit procedures in general.
If you are inquiring about changes in terms and conditions of employment or work procedures and working conditions, they need to be communicated to the Factories/Labour departments through a notice to the concerned department before implementation.
Regards, Vamsi Krishna