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Section 64 of the Companies Act 2013: Notice to be given to Registrar for Alteration of Share Capital

SECTION-64 (Notice to be given to Registrar for alteration of share capital) under CHAPTER-IV (Share Capital and Debentures) of the Companies Act, 2013

(1) Where—
(a) a company alters its share 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 authorised capital of a company; or
(c) a company redeems any redeemable preference shares,
the company shall file a notice in the prescribed form with the Registrar within a period of thirty days of such alteration or increase or redemption, as the case may be, along with an altered memorandum.

(2) If a company and any officer of the company 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.

Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013) - link

(2) Section 64 of the Companies Act 2013 was notified by MCA Notification S.O. 902(E) dated 26th March 2014 (w.e.f. 1st April 2014) - link

(3) Further, in relation to sub-section (1) - refer the following rule(s) of the Companies (Share Capital and Debentures) Rules, 2014 - link
  • Rule 15 - Notice to Registrar for Alteration of Share Capital [Form No. SH.7]

This page was last updated on 9th February, 2017.

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