Book closure & record date

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AKHIL (Querist)

08 December 2012 Dear experts,

am not understanding the exact difference between Book closure date & Record date. Since both the terms are used nterchangeably..

Ajay Mishra

Ajay Mishra (Expert)

08 December 2012 Hi

Both are same. Book closure date is fixed by Board for specific purpose. Book closure have the same meaning of fixing of record date.

For more details go to the following link:
https://www.caclubindia.com/articles/details.asp?mod_id=15875

AKHIL

AKHIL (Querist)

09 December 2012 Thanks Ajay for prompt reply..

Today when i saw a post of Ankur Garg their is a difference between two.Have quoted address for that.Pls refer to that and confirm the exact difference coz still doubt is coming my mind...
https://www.caclubindia.com/experts/book-closure-record-date-389765.asp

Thanks & regards
Akhil

Ajay Mishra

Ajay Mishra (Expert)

10 December 2012 Hi

I think, you should not doubtful on book closure and record date, because both are for same purpose.

As Ankur rightly said, that Book closure is made for specific purpose to fixing the record date. The Meaning of closure of register is also same for fixing the date to count the list of members as on specific date.

So, don't have any confusion on that, the whole procedure is for finalisation of number of shareholders as on specific date for this this date is fix.

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