Ministry of Corporate Affairs (MCA) has issued General Circular No. 05/2024 dated 6th July 2024, regarding the extension of time for filing Form PAS-7. According to Rule 9(2)(a) of the Companies (Prospectus and Allotment of Securities) Rules, 2014, public companies that issued share warrants before the commencement of the Companies Act, 2013 but have not converted them into shares were required to inform the Registrar about these warrants using Form PAS-7 within three months of the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 coming into effect. The MCA has now deployed Web-Form PAS-7 on the MCA-21 Portal for filing these details. Stakeholders can submit the required information without paying additional fees until 5th August 2024.
File No. Policy-17/61/2024-CL-V-MCA
Government of India
Ministry of Corporate Affairs
5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. Rajendra Prasad Road, New Delhi 110001
General Circular No. 05/2024 Dated: 6th July 2024
To,
The DGCo A,
All Regional Directors,
All Registrar of Companies.
All Stakeholders.
Subject: Extension of time for Filing of PAS-7-reg.
Sir/Madam,
In accordance with Rule 9(2)(a) of the Companies (Prospectus and Allotment of Securities) Rules, 2014, every public company which had issued share warrants prior to commencement of the Companies Act, 2013 (18 of 2013) and not converted such warrants into shares should have informed the Registrar about the details of such share warrants in Form PAS-7 within a period of three months of the commencement of the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 . In terms of the said rule, Ministry of Corporate Affairs has prescribed Web-form PAS-7 for submitting the details of share warrants to the Registrar.
2. Web- Form PAS-7 Form has now been deployed on MCA-21 Portal. Stakeholders may file requisite details in terms of Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 through this Web- Form without payment of additional fees up to 05.08.2024.
3. This issues with the approval of the Competent Authority.
Yours Faithfully,
(Dr. Amit Kumar)
Deputy Director
Copy to:
1. E Governance Cell to place this circular on the Ministry’s website.
2. Guard file.
