Book closure & record date
This query is : Resolved
08 December 2012
Dear experts,
am not understanding the exact difference between Book closure date & Record date. Since both the terms are used nterchangeably..
am not understanding the exact difference between Book closure date & Record date. Since both the terms are used nterchangeably..
08 December 2012
Hi
Both are same. Book closure date is fixed by Board for specific purpose. Book closure have the same meaning of fixing of record date.
For more details go to the following link:
https://www.caclubindia.com/articles/details.asp?mod_id=15875
Both are same. Book closure date is fixed by Board for specific purpose. Book closure have the same meaning of fixing of record date.
For more details go to the following link:
https://www.caclubindia.com/articles/details.asp?mod_id=15875
09 December 2012
Thanks Ajay for prompt reply..
Today when i saw a post of Ankur Garg their is a difference between two.Have quoted address for that.Pls refer to that and confirm the exact difference coz still doubt is coming my mind...
https://www.caclubindia.com/experts/book-closure-record-date-389765.asp
Thanks & regards
Akhil
Today when i saw a post of Ankur Garg their is a difference between two.Have quoted address for that.Pls refer to that and confirm the exact difference coz still doubt is coming my mind...
https://www.caclubindia.com/experts/book-closure-record-date-389765.asp
Thanks & regards
Akhil
10 December 2012
Hi
I think, you should not doubtful on book closure and record date, because both are for same purpose.
As Ankur rightly said, that Book closure is made for specific purpose to fixing the record date. The Meaning of closure of register is also same for fixing the date to count the list of members as on specific date.
So, don't have any confusion on that, the whole procedure is for finalisation of number of shareholders as on specific date for this this date is fix.
I think, you should not doubtful on book closure and record date, because both are for same purpose.
As Ankur rightly said, that Book closure is made for specific purpose to fixing the record date. The Meaning of closure of register is also same for fixing the date to count the list of members as on specific date.
So, don't have any confusion on that, the whole procedure is for finalisation of number of shareholders as on specific date for this this date is fix.
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