Try out our Premium Member
services: Virtual Legal Assistant
, Query Alert Service
and an ad-free experience. Free for one month
and pay only if you like it.
Central Government Act
Section 97(1) in The Companies Act, 1956
(1) Where a company having a share capital, whether its shares have or have not been converted into stock, has increased its share capital beyond the authorised capital, and where a company, not being a company limited by shares, has increased the number of its members beyond the registered number, it shall file with the Registrar, notice of the increase of capital or of members within 2 thirty] days after the passing of the resolution authorising the increase; and the Registrar shall record the increase and also make any alterations which may be necessary in the company' s memorandum or articles or both.