Dear all,
This is with regard to the transfer of ownership of a factory and the effect on the Standing Orders displayed in the factory. In the case of change in ownership, where most of the employees and processes are retained by the new owners, if the SOs are under the previous owners name in the Register, will the new owners have to repeat the entire procedure under Section 5-7 of the IE (SO) Act, 1946 or will an intimation to the Dy Comm (Certifying Authority)(which has not been replied to by the CAuth. in over a year) be sufficient. Also, in the interim period, will the workers be bound by the so displayed SOs or can they argue in an enquiry under the SOs that they were not bound by the SOs which were in the name of the previous owners. Have their been any cases with similar situations?
Thank You
