Re: PAS-3 Form

[Vivek Mishra]

Dear all,

I want a clear interpretation in one thing regarding initial subscription money, when a company incorporates, and the equity shares allotted in respect of those. Do we need to file PAS-3 in that case?

Because as per Section 39(4) (Allotment of Securities)

“Whenever a company makes any allotment of securities, it shall file with the Registrar a return of allotment…”

So just please clarify?

 

Best Regards,

Vivek Mishra

7053421910

[YOGIITAA AGARWAL]

No, You just need to file IN20A for initial subscription and for any further allotment of securities which may lead to increase in paid up capital. Then, you need to file PAS-3