Section 60 of Companies Act, 2013 – Publication of Authorised, Subscribed and Paid-Up Capital

  • Updated Till : April 05, 2020

SECTION 60. PUBLICATION OF AUTHORISED, SUBSCRIBED AND PAID-UP CAPITAL

[Effective from 12th September, 2013]

(1) Where any notice, advertisement or other official publication, or any business letter, billhead or letter paper of a company contains a statement of the amount of the authorised capital of the company, such notice, advertisement or other official publication, or such letter, billhead or letter paper shall also contain a statement, in an equally prominent position and in equally conspicuous characters, of the amount of the capital which has been subscribed and the amount paid-up.

(2) If any default is made in complying with the requirements of sub-section (1), the company shall be liable to pay a penalty of ten thousand rupees and every officer of the company who is in default shall be liable to pay a penalty of five thousand rupees, for each default.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates


Warning: Unknown: open(/tmp/sess_e665eab96f3a50f03d68ae42c7a95768, O_RDWR) failed: No space left on device (28) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0