law: Companies Act, 1956
  Sec 97    -     Notice
  
  of increase of share capital or of members 
  (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 authorized 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 thirty days after the passing of the resolution
  
  authorizing 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.
  (2) The notice to be given as aforesaid shall
  
  include particulars of the classes of shares affected and the conditions, if
  
  any, subject to which new shares have been or are to be issued.
  (3) If default is made in complying with this
  
  section, the company, and every officer of the company who is in default, shall
  
  be punishable with fine which may extend to five hundred rupees for every day
  
  during which the default continues.