Closure of a working unit by wrongful lay off / illegal lock out

4WhatIsRight (Querist) 06 September 2015 This query is : Resolved
Dear Friends,
Few of my labour friends working for a company limited by shares have approached me with the following issue.
it is a small working unit which the management wants to close down due to increase in property prices.
to achieve their objective they have drained the company funds by diversions, created false sundry creditors and added interest to show loss.
Further the management did not make attempts to sell their products in order to prove that there is no demand for company's product.
now the management is planning shut down.
The workforce union have a well wisher who is willing to pay all liabilities and run the company. the well wisher is so confident about the running of the company that he is willing to go to the extent of filing an affidavit in court that he shall run the company for next ten years despite loss or profit.
what options and procedure are available to my labour friends in such situation to save their livelihood?

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Kumar Doab (Expert) 07 September 2015
This query is also posted at:

http://www.lawyersclubindia.com/experts/Can-a-writ-be-filed-by-workmen-of-private-company-against-a--558611.asp

Guest (Expert) 07 September 2015
He seems to be trying to befool the experts by making false profile and further misrepresenting his academic queries as his personal problems.