book closure
Querist : Anonymous
can a company give 7 days advance notice of book closure for A.G.M.
Record date, on ther other hand, is the cut-off date and if a person's name appears on that date as member in the register of members then he will entitled for dividend, right share, etc. It's generally the last day of the book closure date.
Appreciate the Gud work:-)
As per Clause 16 of the Listing Agreement, you must give a notice of atleast 7 working days of the commencement of Book Closure.
Querist : Anonymous
It does not specify the number of times. However the book closure is to be done for specific reasons viz., dividend declaration, right issue, bonus issue, etc. Hence if reasonable notice is given and you can justify your action for closure of books there should not be any objection.
Querist : Anonymous
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