Our family has run a manufacturing unit for over 3 decades, and it’s time for us to close it down. My husband is worried about the process, wondering if it’ll be straightforward or if we’ll face any difficulties. Since he’s been handling the finances, I’m shutting down the unit. Can he object to this decision, or do I have the right to close it?

Under Indian law, you have the right to close down the manufacturing unit as a co-owner, even if your husband manages the finances. However, it’s advisable to discuss the decision and process with him as it impacts both of you. Closing down a business requires legal and financial procedures, and involving your husband in the process can ensure a smoother transition.