The Ministry of Corporate Affairs (MCA) by its notification dated May 22, 2019 has hereby amended the Companies (Prospectus and Allotment of Securities) Rules, 2019 by introducing Reconciliation of Share Capital Audit Report (Half-yearly) Pursuant to sub-rule (8) of rule 9A Companies (Prospectus and Allotment of Securities Rules, 2014.

The following rules shall be effective from September 30, 2019.

• Every unlisted public company would be required to file Form PAS-6 (Reconcilliation of Share Capital Audit Report) to the Registrar within 60 days from the conclusion of each half yearly duly certified by a Company Secretary in practice or Chartered Accountant in practice.

• The form PAS-6 would be required to be fDue Dateiled half yearly as per the follows

Click here to read the notification

Disclaimer

The information provided in this blog is purely for general informational purposes only. While every effort has been made to ensure the accuracy, reliability and completeness of the content presented, we make no representations or warranties of any kind, express or implied, for the same. 

We expressly disclaim any and all liability for any loss, damage or injury arising from or in connection with the use of or reliance on this information. This includes, but is not limited to, any direct, indirect, incidental, consequential or punitive damage.

Further, we reserve the right to make changes to the content at any time without prior notice. For specific advice tailored to your situation, we request you to get in touch with us.