With the promoters agreeing to pump in Rs 20 crore for restarting the units, the consultant will address the issue of whether the company can attain profitability through additional investments, said an institutional source.

The Board for Industrial and Financial Reconstruction (BIFR) will take a decision on the fate of the company based on the views of the consultant.

The findings will be submitted to IDBI in two months. A noted chartered accountant firm has also been roped in to value the assets of the company.

An additional Rs 15 crore will be invested by the promoters if the operations are found viable. It is believed that the management will have to raise the money as the consortium of banks is not favourably inclined to the idea of lending any more to Dunlop.

The management's decision to reopen the units has not evoked positive response from the unions. Dunlop Worker's Union described the move as an ``eye wash'' and said that Rs 20 crore was not enough to sustain the operations. However, unions have agreed to visit the factories at Ambattur and Sahagunj to take stock of the situation.

Sources close to the company said that the management has sought an year's time for settling all the dues arrears of the workers. A detailed plan will be drawn up by the management soon in consultations with the unions.

The management has already given a set of proposals to the unions which include clean up and refurbishing of the plants and machineries. This will be completed in four weeks leading to the resumption of production after which performance of the company will be monitored on a monthly basis.