Book closure / record date

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amit trivedi (Querist)
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11 September 2012 Is the provisions of Sec. 154 of the Companies Act, 1956 applicable to Unlisted Public Limited Company?

If yes, then is it necessary to give notice in the news paper? and before how many days?

What will do if a company mentioned a Book Closure / Record Date in the notice of the AGM without giving notice in the newspaper?

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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11 September 2012 Yes the provisions of section 154 applies to unlisted public companies as well.

Yes a company may only after giving atleast 7 clear days prior notice in any news paper circulating in the district, close its register of members.

In that case the company need to just determine the record date for which no formality is required.

Company may decide the record date and should not go for Book closure.

amit trivedi

amit trivedi (Querist)
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11 September 2012 Is there any format for news paper advertisement?

Minimum how many days for record date and 7 clear days notice from AGM date?

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CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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12 September 2012 7 clear days advance notice is required in case of Book closure. For AGM 21 clear days notice is required.

amit trivedi

amit trivedi (Querist)
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12 September 2012 Sir,

for unlisted Public Limited company we write in AGM Notice for Record Date only will do?

Then what will write in the AGM Notice (format for writing about Record Date)

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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13 September 2012 The record date of the company is...........