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of <h1>Penalty for not filing share capital change notice under Section 64 of Companies Act, 2013 explained in detail</h1> Section 64 of the Companies Act, 2013 requires a company to file notice with the Registrar within thirty days whenever it alters its share capital under Section 61(1), its authorised capital is increased by Government order under Section 62(4) read with 62(6), or it redeems any redeemable preference shares. The notice must be in the prescribed form and accompanied by the altered memorandum. Failure to comply attracts a continuing monetary penalty on the company and every defaulting officer of five hundred rupees for each day of default, subject to a maximum of five lakh rupees for the company and one lakh rupees for each officer.
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