Closure of Register of members

I believe you are talking about closure in case of unlisted company.

In case of unlisted company closure of register of member is governed by section 154. In such company closure is not mandatory but optional. However if you opt to close your register then full compliance of section 154 is mandatory. Like you have to give notice of closure in the news paper and observe the time limits given in the section itself.

Regards

Thanks ankuji for ur reply

And what is the procedure for closure of register of members in case of a listed Public Company?

Rgds

Priya

Decide a date of book closure as per your convenience. Intimate stock exchange about the date with reason of book closure pursuant to clause 16 of Listing Agreement.

Also intimate your RTA accordingly.

Is there any standard  format for register of members?

If so, what is that?

 Name

Father's/Husband's Name

Address

Occupation

Folio No.

No. of shares

Date of allotment/transfer

Nominal Value

No, Date of certificate of transfer

Transferor's Name & Folio No.

Distinctive No. of Shares

Amount Paid

Date of Payment

Date of Transfer

No. of shares Transferred

Transferors' Name and Folio no.

Nominal Value

Balance shares

name of Nominee

Remarks.

 The Register of Members format as per section 150(1) - This is generally kept by the RTA.

The Company maintains the list ofmembers with the name of shareholder and second holder (if any), folio no, number of shares, address, % holding to total capital.

Rest of the details can be taken from the RTA.