Companies LawLegal Updates

MCA introduces Form PAS -6 under Companies (Prospectus and Allotment of Securities) Third Amdt Rules, 2019

MCA Update

MCA issues Companies (Prospectus and Allotment of Securities) 3rd Amendment Rules, 2019  wherein Rules 9 A has been amended. Under Rule 9A (8) has been substituted and form PAS-6 has been introduced. Under Rule 9 (8) it has been directed to every unlisted public company governed under this rule to submit Form PAS-6 ( Reconciliation of Share Capital Audit Report) to Registrar with a fees provided in Companies (Registration Offices and Fees) Rules, 2014 within 60 days from the conclusion of each half years duly certified by CA or CS.

Further, it has been directed to the companies to immediately notify depositories if any difference is observed in its issued capital and the capital held in dematerialised form under Rule 9A (8A).

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