Notice to Registrar for share capital alteration must be filed within prescribed period or penalties apply to company and officer. A company that alters its share capital under section 61, has authorised capital increased by a Government order under section 62, or redeems redeemable ... Summary
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Notice to Registrar for share capital alteration must be filed within prescribed period or penalties apply to company and officer.
A company that alters its share capital under section 61, has authorised capital increased by a Government order under section 62, or redeems redeemable preference shares must file a notice in the prescribed form with the Registrar within thirty days and submit the altered memorandum; non-compliance exposes the company and every officer in default to a daily monetary penalty subject to statutory maximums.
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