Book closure

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Company Secretary
369 Points Joined February 2010

Is it possible to close the books of the company from monday? can the previous day be a holiday for book closure?

Thanks in advance

regards

Kavitha


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On 09 August 2011 at 10:59 Report
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Company Secretary
13877 Points Joined May 2011

Hi Kavitha,

 

yes it is very much possible and there is no restriction as such in law. However keeping in view the essence of this provision along with administrative convenience it is advisable to not to start your book closure date from Monday.

 

Thanks

RG

 

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On 09 August 2011 at 11:16


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