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    <title>Power to close register of members or debenture holders.</title>
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    <description>Section 154 allows a company to close the register of members or debenture holders only after at least seven days&#039; prior advertisement in a local newspaper and within specified maximum durations for any one closure and in the aggregate per year. If the register is closed without the required notice or beyond the permitted period the company and every officer in default are liable to a daily monetary fine for each day the register remains improperly closed.</description>
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    <pubDate>Tue, 10 May 2011 10:04:47 +0530</pubDate>
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      <description>Section 154 allows a company to close the register of members or debenture holders only after at least seven days&#039; prior advertisement in a local newspaper and within specified maximum durations for any one closure and in the aggregate per year. If the register is closed without the required notice or beyond the permitted period the company and every officer in default are liable to a daily monetary fine for each day the register remains improperly closed.</description>
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