Declaration of Final Dividend

Others 525 views 1 replies

The Unlisted public limited Company proposes to declare the final dividend for the financial year 2009-10.

Please clarify whether it is mandatory to close the Register of Members under Section 154 of the Companies Act, 1956.

or

the company can fix the record date for the declaration of the final dividend.

 

Replies (1)
Closure of Register of Members is not mandatory to unlisted companies. By simply deciding a record date you can determine & finalize the list of members.


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