Section - 148 - Publication of authorised as well as subscribed and paid-up capital
Publication of authorised as well as subscribed and paid-up capital.148. (1) Where any notice, advertisement or other official publication, or any business letter, bill head 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, bill head 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 default is made in complying with the requirements of sub-section (1), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to [ten] thousand rupees.
34. Substituted for "one" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.
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