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Section 64: Notice to be given to Registrar for alteration of share capital.

The Companies Act, 2013Central Act · Act 18 of 2013

(1) Where--

(a) a company alters its share capital in any manner specified in sub-section (1) of section 61;

(b) an order made by the Government under sub-section (4) read with sub-section (6) of section 62 has the effect of increasing authorised capital of a company; or

(c) a company redeems any redeemable preference shares,

the company shall file a notice in the prescribed form with the Registrar within a period of thirty days of such alteration or increase or redemption, as the case may be, along with an altered memorandum.

[(2) where any company fails to comply with the provisions of sub-section (1), such company rupees and every officer who is in default shall be liable to a penalty of [five hundred rupees] for each day during which such default continues, [subject to a maximum of five lakh rupees in case of a company and one lakh rupees in case of an officer who is in default].]

Where this provision sits

ActThe Companies Act, 2013
Section64
Marginal noteNotice to be given to Registrar for alteration of share capital.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it4

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 22 of 2019. . Subs. by Act 22 of 2019, s. 10, for sub-section (2) (w.e.f. 2-11-2018).
  • substituted. . Subs. by s. 12, ibid., for "one thousand rupees" (w.e.f. 21-12-2020).
  • substituted. . Subs. by s. 12, ibid., for "or five lakh rupees whichever is less" (w.e.f. 21-12-2020).

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