Companies Act

Section 15. Alteration of memorandum or articles to be noted in every copy

Companies Act, 2013

(1) Every alteration made in the memorandum or articles of a company shall be noted in every copy of the memorandum or articles, as the case may be.


(2) If a company makes any default in complying with the provisions of sub-section (1), the company and every officer who is in default shall be liable to a penalty of one thousand rupees for every copy of the memorandum or articles issued without such alteration.


READ  Section 240. Liability Of Officers In Respect Of Offences Committed Prior To Merger, Amalgamation, Etc

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