Section 60 of Companies Act, 2013

60. Publication of authorised, subscribed and paid-up capital

(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.

Complete: companies-act-2013