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of <h1>Companies Must Notify Registrar of Share Capital Changes Under Section 64 or Face Daily Penalties</h1> Under Section 64 of the Companies Act, 2013, a company must notify the Registrar within thirty days if it alters its share capital as specified in Section 61, if a government order increases its authorized capital under Section 62, or if it redeems any redeemable preference shares. This notice must be accompanied by an altered memorandum. Failure to comply results in a penalty of five hundred rupees per day, up to a maximum of five lakh rupees for the company and one lakh rupees for each defaulting officer. These provisions were amended by the Companies (Amendment) Acts of 2019 and 2020.
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