Lock folder where excel file is saved

[Sumanmathew]

Dear Mr. Excel,
I am saving an excel file in a folder. I want others to work on that file. After doing their part they will save it.
I don't want anyone to delete that file from that folder, copy/cut / save as that file to another folder.
They should open it only for doing their work in it. And they can save only within that folder.
Is it possible? Is there any option to lock a folder by allowing only to save in that folder. Kindly reply.

 

[Sumanmathew]

Please can anyone suggest a way for doing this.