Wednesday, 15 July 2020

MCA Form PAS-6 and its Applicability

Form PAS-6 (Reconciliation of Share Capital Audit Report on half yearly basis) and It’s Applicability

Provision:

Filing of Form PAS-6 under Rule 9A(8) of the Companies (Prospectus and Allotment of Securities) Rules, 2014

Objective of the Form PAS-6:

Reconciliation of Share capital Audit Report on half yearly basis By Companies.

Applicability:-

This Rule is Applicable on On Unlisted Public Companies.

Reporting Period Commencement:

They shall come into force with effect from 30th September, 2019. First Reporting Period is 30th September 2019.

Company Responsibility:

  1. Every unlisted public company governed by this rule shall submit Form PAS-6 to the Registrar with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 within sixty days from the conclusion of each half year duly.
  2. The company shall immediately bring to the notice of the depositories any difference observed in its issued capital and the capital held in dematerialised form.”. 


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