Declaration of Final Dividend

Deepanshu Aggarwal (NA) (115 Points)

17 August 2010  

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.