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Record date

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(Querist)
17 May 2010 is record date an alternate for closing the registers?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
17 May 2010 A record date is a date fixed by the company up to which transfer/transmission documents must be lodged with the company or its share transfer agent. When a record date is fixed, the register of members is not closed and the company is free to register transfer/transmissions in the register.
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