Alteration of memorandum or articles to be noted in every copy

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

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