Menu
Book Closure/record date
Is the Book Closure mandatory for listed companies with respect to AGM even if no corporate action like dividend, Bonus issue etc is to be considered?
Replies (2)
Year end and reporting dates are mandatory for auditing. AGM finalises financial statements as per IT regulations. This is applicable to all registered companies.
To change hands during intervening period from Record date of evoting to till conclusion of AGM ( mostly 48 hrs post AGM ) Share transfer books are closed...ya not mandatory but a practice...I don't think so there is any logic to close books for corporate action when record date is already fixed ,just get BENPOS of record date and proceed ahead..
Recent Threads
- Gstr3b relationship
- Section 194T – TDS on Payments to Partners:
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
Related Threads
CAclubindia
