RIGHTS ISSUE OF PARTLY PAID UP SHARES PAS 3 FILING BY PVT LTD CO.

To address your questions regarding the filing of PAS-3 for a rights issue of shares in a private limited company: Filing of PAS-3 1. *Single Filing*: PAS-3 needs to be filed only once, within 30 days of the allotment of shares.¹ This filing is required for both public and private companies. 2. *Multiple Tranches*: Although the rights issue is divided into three tranches, PAS-3 is filed only once, after the allotment of shares. Updating MCA Portal 1. *Partly Paid-Up Shares*: When filing PAS-3 initially, the shares will be reported as partly paid-up since the full payment is yet to be received. 2. *Conversion to Fully Paid-Up Shares*: To update the MCA portal about the conversion of partly paid-up shares to fully paid-up shares, you'll need to file Form PAS-3 again, but this time, you'll provide the updated information reflecting the full payment received. This ensures the MCA portal accurately reflects the share capital status. 3. *Additional Filings*: Additionally, you may need to file other forms, such as Form MGT-14, to update the company's records with the Registrar of Companies (ROC).²