The Office of the Registrar of Companies (ORC) wishes to inform all officers of Companies (Shareholders, Subscribers, Directors, Executive Members, Secretaries, Debenture holders etc.) that the applied penalty for a Company in default will be increased from GHC650.00 to GHC1,000.00 with effect from 1st May, 2024. to serve as a deterrence for non-filing or late filing.