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Companies Act

(Querist) 22 July 2009 This query is : Resolved 
Dear Sir(s),

I have a question:
1. Companies Act- whether closure of register of members is mandatory for a non listed company which is declaring dividend? I personally have inspected the Section 154 of the Companies Act 1956 where it is no where written that it is mandatory. Kindly advise.
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Nehal (Expert) 22 July 2009
It is not compulsory for unlisted companies to close the members register once a year.

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