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What is the difference between a lock-out and a closure?

Lock-out means the temporary closing of a place of employment; closure means the permanent closing down of a place of employment. In the case of a lock-out the employer closes the place of business; in the case of a closure the employer closes the business itself. In the case of a lock-out there is suspension of work; in the case of a closure there is discontinuation of the business.

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LK Nakashe Consultants Pvt. Ltd is India’s leading compliance & labour law consulting firm. Headquartered in Mumbai, we are ISO 9001 Certified & Crisil Certified, and we serve all 29 states and 7 union territories of India. Our service bouquet includes Registration & Renewal Services, End-to-End Monthly Compliance Services, Audit & Due Diligence Services, Advisory & Consulting Services, Payroll Management Services and Contract Staffing Services. Our client list of 750+ companies includes some of India’s biggest business conglomerates, MNCs, public listed companies & SMEs

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