Section 64.Notice to be given to Registrar for alteration of share capital. | Companies Act Integrated Ready Reckoner|Companies Act 2013|CAIRR

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Section 64.Notice to be given to Registrar for alteration of share capital.

Effective from 01-04-2014 and font in blue w.e.f., 02.11.2018

(1) Where—

(a) a its capital in any manner specified in sub-section (1) of section 61;

(b) an order made by the Government under sub-section (4) read with sub-section (6) of section 62 has the effect of increasing of a company; or

(c) a company redeems any redeemable preference shares, the company shall file a notice in the with the within a period of thirty days of such alteration or increase or redemption, as the case may be, along with an altered .

Where any company fails to comply with the provisions of sub-section (1), such company and every officer who is in default shall be liable to a penalty of ~~one thousand rupees~~ for each day during which such default continues, ~~or five lakh rupees whichever is less~~.

~~(2) If a company and any~~ ~~of the comp~~any who is in default contravenes the provisions of sub-section (1), it or he shall be punishable with fine which may extend to one thousand rupees for each day during which such default continues, or five lakh rupees, whichever is less.

Company means a company incorporated under this Act or under any previous company law

Alter includes the making of additions, omissions and substitutions.

2(84) Share means a share in the share capital of a company and includes stock

Authorised Capital means such capital as is authorised by the memorandum of a company to be the maximum amount of share capital of the company

Refer rule 15 and Form No. SH 7 of the Companies (Share Capital and Debentures) Rules, 2014. To view the rule,Click Here

2(75) Registrar means a Registrar, an Additional Registrar, a Joint Registrar, a Deputy Registrar or an Assistant Registrar, having the duty of registering companies and discharging various functions under this Act

2(56) Memorandum means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act

Substituted vide the Companies (Amendment) Act, 2019 dated 31.07.2019 w.e.f., 02.11.2018. To view the Amendment Act, Click Here.

Substituted vide Companies (Amendment) Act, 2020 dated 28.09.2020 with effect from 21.12.2020. To view the Act, Click Here. To view the commencement notification, Click Here.

2(59) Officer includes any director, manager or key managerial personnel or any person in accordance with whose directions or instructions the Board of Directors or any one or more of the directors is or are accustomed to act

4.1.15-Companies (Share Capital and Debentures) Rules, 2014

15. Notice to Registrar for alteration of share capital.-

Where a company alters its share capital in any manner specified in sub-section (1) of section 61, or an order is passed by the Government increasing the authorized capital of the company in pursuance of sub-section (4) read with sub-section (6) of section 62 or a company redeems any redeemable preference shares, , the notice of such alteration, increase or redemption shall be filed by the company with the Registrar in along with the fee.

Inserted vide Companies (Share Capital and Debentures) Third Amendment Rules, 2016.To view the rule,Click Here

Substituted vide MCA Notification dated 21.01.2023. To view the notification, Click Here. To view the return, Click Here
To view the return,Click Here

4.1.15-Companies (Share Capital and Debentures) Rules, 2014

Commencement Notification under Companies (Amendment) Act, 2020 dated 21.12.2020

Companies (Amendment) Act, 2020 dated 28.09.2020

Companies (Share Capital and Debentures) Second Amendment Rules, 2020 dated 24.12.2020

Companies (Share Capital and Debentures) Third Amendment Rules, 2016 [GSR 704(E)] dated 19/07/2016

Enforcement Notification S.O. 902(E) dated 26/03/2014

MCA Notification dated 21.01.2023 regarding Companies (Share Capital and Debentures) Amendment Rules, 2023

The Companies (Amendment) Act, 2019 dated 31.07.2019

The Companies (Amendment) Ordinance, 2018 dated 02.11.2018 [repealed vide the Companies (Amendment) Ordinance, 2019]

The Companies (Amendment) Ordinance, 2019 dated 12.01.2019 w.e.f., 02.11.2018

FORM NO. SH.7 Notice to Registrar of any alteration of share capital

Form SH-7 – Substituted vide MCA Notification dated 21.01.2023

SH – 7 amended vide notification dated 24.12.2020