dear freinds,
Pl. let me know whether book closure under section 154 of the companies act, 1956 is mandatory for unlisted public company?
Regards
CS Zankhana Joshi
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book closure
Replies (4)
No.
Book closure under section 154 of the companies act, 1956 is not mandatory at all for unlisted public company.
Check the first line of Section 154. It says "A Company May". But if you decided to close your Company's books then you have to follow the procedure mentioned by Section 154.
Regards
hi,
Thanks. Thank u so much
good answer mr. ankur
No need to have a record date or close the regiser of members in case of unlised company. However, if closed, public notice is mandatory.
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