Section 62 Notice to registrar of consolidation of share capital, conversion of shares into stock, &c.

(1)

If a company having a share capital has—

(a)

consolidated and divided its share capital into shares of larger amount than its existing shares; or

(b)

converted any shares into stock; or

(c)

re-converted stock into shares; or

(d)

subdivided its shares or any of them; or

(e)

redeemed any redeemable preference shares; or

(f)

cancelled any shares, otherwise than in connection with a reduction of share capital under section sixty-six of this Act;

it shall within one month after so doing give notice thereof to the registrar of companies specifying, as the case may be, the shares consolidated, divided, converted, sub-divided, redeemed or cancelled, or the stock re-converted.

(2)

If default is made in complying with this section, the company and every officer of the company who is in default shall be liable to a default fine.