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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Increase of share capital requires notice to Registrar within statutory time, with non-compliance attracting daily penalties.</h1> A company that increases its share capital beyond authorised capital must file a notice of increase with the Registrar within thirty days of the authorising resolution; the Registrar shall record the increase and alter the memorandum or articles as necessary. The notice must state the classes of shares affected and any conditions of issue. Non-compliance renders the company and any officer in default liable to a daily monetary penalty for each day the default continues.

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