as per clause 23b of bse listingnagreement before closing transfe booksr or fixing record date se permission needs to be obtained ...how to get that permission... reply very soon
CS Vijay Daxini (At Practice) (732 Points)
02 September 2011as per clause 23b of bse listingnagreement before closing transfe booksr or fixing record date se permission needs to be obtained ...how to get that permission... reply very soon
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17848 Points)
Replied 02 September 2011
Dear Vicky,
No permission required.
Under clause 23(b) it is only requried to close the transfer books only on the dates so that the transactions can be suitably settled.
For example you will not close your transfer books on saturday or sunday.
The compliance relating to book colosure are given under clause 15 and 16.
CAclubindia
