Company Law : To further strengthen the Corporate Governance and in the light of digitalisation, Rule 9A of the Companies (Prospectus and Allotm...
Company Law : Ministry of Corporate Affairs (‘MCA’) had issued a notification on 10th September, 2018 to amend the Companies (Prospectus and...
Company Law : Q 1. What is the intent behind introduction of Form PAS-6? Ans: The key purpose of Form PAS-6 is to undertake reconciliation of nu...
Company Law : Ministry of Corporate Affairs (MCA) vide its notification dated 10th September, 2018, inserted Rule 9A of Companies (Prospectus an...
Company Law : E-FORM PAS-6 FOR THE HALF-YEAR ENDED ON 30TH SEPTEMBER, 2019 AND 31ST MARCH, 2020 CAN BE FILED TILL 31ST DECEMBER, 2020. [Ref: ...
CA, CS, CMA : We request you to arrange to deploy the e-form PAS -6 at the MCA website or issue clarification that for the half year ending Sept...
Company Law : Time limit for filing Form PAS-6 without additional fees for the half-year ended on 30.09.2019 will be sixty days from the date of...
Company Law : Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 MCA notifies Form PAS – 6- Reconciliation o...
Every Unlisted Public Companies shall issue their securities in dematerialised form on or after October 02, 2018 and facilitate the dematerialisation of its existing securities in accordance with Depositories Act, 1996
Insights of Rule 9A and e-Form PAS-6 It is mandated for all the unlisted Public companies (except a Nidhi Company, a Government Company and a Wholly owned subsidiary Company) to issue the securities in dematerialised form only, vide its notification dated 10th September 2018, wherein Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014, was […]
Article explains Purpose of Form PAS-6 (Reconciliation of Share Capital Audit Report), Statutory Provision related to Form PAS-6, Applicability (Rules) related to Form PAS-6, Non Applicability of Rule 9A, Date of Deployment of Form PAS-6, Last Date of filling of Form PAS-6, Key details required for Form PAS-6 and Fees for the Form PAS-6. 1. […]
Reconciliation of Share Capital is understood as to tally the records of dematerialised and physically held securities with all the securities, on regular basis. In other words, it is reconciliation of total Share Capital held in DMAT form with NSDL & CDSL and in physical form by the shareholders with the total Capital admitted, issued and listed capital, if any.
In the year September 2017, the Ministry of Corporate Affairs (‘MCA’) had struck off 2,00,000 Companies from the record of Registrar of Companies (‘ROC’) that were suspected to be ‘shell companies’ and also directed banks to restrict the operation of bank accounts of these companies by the directors or their authorized representatives. It is crucial to […]
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 […]
As per MCA Notification dated September 10, 2018 they amend the Companies (Prospectus and Allotment of Securities) Rules, 2014 by inserting Section 9A: Issue of securities in dematerialised form by unlisted public companies and same shall be effective from October 02, 2018. Applicability: This Rule is applicable on all unlisted public companies as well as […]
Filing of Form PAS-6 (Reconciliation of Share Capital Audit Report) Half Yearly Ministry of Corporate Affairs has deployed the Form PAS-6 for Reconciliation of Share Capital Audit Report on half yearly basis by unlisted Public Companies w.e.f 15th July, 2020 and now it is available on MCA Portal which was notified by MCA vide Companies […]
PAS-6 Reconciliation of Share capital Audit Report (Half yearly basis and its applicability) Provisions As per sub rule 8 of Rule 9A of the Companies (Prospectus and Allotment of Securities) Rules, 2014, company every unlisted public company governed by this rule shall submit Form PAS-6 to the Registrar with such fee as provided in Companies […]
MCA has made available Form PAS-6 for filing as e-Form w.e.f 15th July 2020. It is a form for Reconciliation of Share Capital Audit Report (Half Yearly). Laws governing the e-form: Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 This rule deals with Issue of securities in dematerialised form by unlisted public […]
