Owner wants to close down company/factory

Querist : Anonymous (Querist) 28 May 2011 This query is : Open
If a person running Company/Factory (HUF)since 5 years. Now he wants to close down it. But the Workers opposing and demanding.

In such situation as per Law, what is Owner's right and What is Workers right?

What should Owner do in such situation.

Please advice.

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