Does PAS 3 need to be filed in the following cases, even in these cases ultimately allotment of shares is made? 1. Allotment of shares to subscribers to the memorandum post incorporation of a company. 2. Transfer of shares through a transfer deed in SH4 in case of a private company. (This doubt arises because in case of a private co., post board approval a new share certificate will be issued to transferee so technically that will also constitute an allotment of shares).
26 June 2020
AFTER INCORPORATION, IF THE YOU ARE MAKING ALLOTMENT TO FIRST SUBSCRIBER THEN NO NEED TO TO FILE PAS -3 AND SAME ANSWER NO, IN CASE OF SHARE TRANSFER.
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