https://www.taxtmi.com/acts?id=12388 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. en-us Sat, 07 May 2011 16:43:56 +0530 Sat, 07 May 2011 16:43:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12388 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. Act-Rules Companies Law Sat, 07 May 2011 16:43:56 +0530 https://www.taxtmi.com/acts?id=12388