A section of employees of Hindustan Unilever (HUL) has organised a protest rally tomorrow at the venue of the company's annual general meeting against the closure of a factory unit in the city and its failure to work out an amicable settlement with the workers.

In a statement here today, Hindustan Lever Employees' Union said the company transferred "Bombay Factory", a local unit employing about 800 workers, to its subsidiary in 2005 and closed the facility within five months from the transfer.

Click here for Cloud Computing

Also Read   Related Stories News Now - Bhupesh Bhandari: The scent of oil - Centre strengthening measures to tackle swine flu - New drug regulator, manpower gap in focus - Levies may make Indian iron ore less competitive - Indian foods business poised for leap - Grassroot cure

Also Read   Related Stories News Now - Markets end higher led by rate sensitives - New rules to seize property of corrupt babus - BSES gets Rs 5,000-cr IDBI Bank loan to pay dues - Reliance MediaWorks Q3 net loss at Rs 151 cr - Investor wealth grows by Rs 10 lakh cr in 2012 rally More

There have been about 75 dates/adjournments in the courts so far. The employees have been without wages all these years, the union press note said.

The Maharashtra government has allowed the closure which has also been contested by the union, the statement said.

The company restarted negotiations in November 2007 but there has not been any progress so far, the union said.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end higher led by rate sensitives - New rules to seize property of corrupt babus - BSES gets Rs 5,000-cr IDBI Bank loan to pay dues - Reliance MediaWorks Q3 net loss at Rs 151 cr - Investor wealth grows by Rs 10 lakh cr in 2012 rally

Tags : Hindustan Unilever | HUL | protest | unit closure | employees | workers   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Save over Rs.3000 with IndianOil Citibank Card -  We live for our family. have you secured them? -  Financial Learning now made easier and more convenient. -  India's No. 1 Property Site. Click here to know more.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...