Ministry of Corporate Affairs (“MCA”) vide its notification dated 10th September 2018, inserted Rule 9A of Companies (Prospectus and Allotment of Securities), Rules, 2014, for Issue of securities in dematerialized form by unlisted public companies which is effective from 02nd October 2018.
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.
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Scope of Work:
1. Preparation of E-form PAS-6
2. Filing of E-form PAS-6
3. Arranging Certification of E-form PAS-6
E-form PAS-6 is concerned with the filing of the reconciliation of the share capital audit report on a half-year basis of unlisted public companies. The objective of this audit report is to identify any difference observed in the issued capital and the capital held in dematerialised form of a public company.
Every unlisted public company have to submit Form PAS-6 duly certified by a Company Secretary or Chartered Accountant in practice to the Registrar of companies within 60 day of each half year.
Every unlisted public Company is required to file Form PAS-6.
The Form PAS-6 needs to be certified by a practising Company Secretary(PCS) or a practising Chartered Accountant(PCA).