Form pas 3
Prodipta Datta (30 Points)
04 May 2016
Is a new private company required to file form PAS 3 for the shares subscribed by the members as per the Memorandum of Association?
Prodipta Datta (30 Points)
04 May 2016
CS Sanchita Bhardwaj
(Company Secretary)
(111 Points)
Replied 05 May 2016
PAS 3 is filed for further issue of capital. It is not filed at the time of incorporation, as, details of subscribers is already stated in INC-7. I have recently incorporated a company and havnt file PAS 3.
Jatin Bajaj
(CS)
(2928 Points)
Replied 05 May 2016
Yes, Absoluetly Correct. PAS 3 is required to be filled for further issue of share capital, either at time of Right issue under section 62 or at time of Private Placement under section 42. For a newly incorporated Company no need to file PAS 3
HARSHIT SRIVASTAVA
(chartered accountant)
(27 Points)
Replied 05 May 2016
YES
IT IS NOT REQUIRED TO FILL THE FORM PAS-3 AT THE TIME OF INCORPORATIO OF NEW COMPANY.
HARSHIT SRIVASTAVA
(chartered accountant)
(27 Points)
Replied 05 May 2016
YES
IT IS NOT REQUIRED TO FILL THE FORM PAS-3 AT THE TIME OF INCORPORATIO OF NEW COMPANY.
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 07 May 2016
PAS-3 is required to be filed in case of Allotment of shares (whether it be right issue, private placement, bonus issue etc).
By virtue of subscribing moa, promoters become members of company and it is not the allotment of shares. Hence, it is not required to file.
Mahesh hamne
(2 Points)
Replied 11 March 2017
How anyone can view PAS-E3 form uploade on MCA.
Is there any other way to see basis of allotment for rights issue.
Darshana Santoshi
(2 Points)
Replied 19 April 2018
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