Allotment of Shares (PAS-3)
998399
*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.
Price
600
Services covered :
- Filling of the Form.
- Preparing Documents to be uploaded along with the form.
- Uploading the Form.
Document Required :
Following information need to be entered in form PAS-3:
1. Corporate Identification Number. (CIN)
2. Nature of allotment i.e. Preference shares/equity shares without differential rights or equity shares with differential rights or debentures.
3. Details about allotment.
4. Details of consideration.
5. Securities allotted payable in cash or for consideration other than cash.
6. Number of total allotment made.
7. Date of allotment.
8. Date of passing shareholder’s resolution.
9. SRN of Form No. MGT-14.
10. Likewise, Details of bonus shares.
11. Details of private placement.
12. The capital structure of the company after considering allotment.
13. Debt structure of the company after considering allotment.
14. Whether the complete list of allottees has been enclosed as an attachment.
FAQ ()
Question :
What are the forms required to be filed?
Question :
What are the Governing Laws of this form?
Answer :
Section 39(4) and 42(9) of the Companies Act, 2013 and rule 12 and 14 Companies (Prospectus and Allotment of Securities) Rules, 2014.
Question :
What are the due date of Filing Form PAS-3?
Answer :
Case-1: Allotment of shares to Public at large
If a company makes allotment of shares to public at large then company shall file with the registrar a return of allotment of shares within 30 days in form PAS-3.
Case-2: Allotment of shares through private placement
If a company makes allotment of shares through private placement then the company shall file with the registrar a return of allotment in form PAS-3 within 15 days of allotment.
Question :
What are the filing fees for PAS-3 Form?
Answer :
Nominal Share Capital Fee applicable
1) Less than 1,00,000:Rs.200.
2) 1,00,000 to 4,99,999:Rs.300.
3) 5,00,000 to 24,99,999:Rs.400.
4) 25,00,000 to 99,99,999:Rs.500.
5) 1,00,00,000 or more:Rs.1000.
Company not having Share capital: Rs.200.
Question :
What is the additional fee in case delay filing ?
Answer :
Period of delays forms
1) Upto 30 days: 2 times of normal fees.
2) More than 30 days - 60 days :4 times of normal fees.
3) More than 60 days - 90 days :6 times of normal fees.
4) More than 90 days - 180 days: 10 times of normal fees.
5) More than 180 days- 270 days :12 times of normal fees.
Question :
What is the penalty for not filing the form ?
Answer :
Case-1: Allotment of shares to Public at large
If company fails to file PAS-3 within 30 days from date of allotment then the company and the officer in default will be liable to penalty of Rs. 1,000 for each day during which defaults continues Rs. 1,00,000, whichever is less.
Case-2: Allotment of shares through private placement
If company defaults in filing of PAS-3 within 15 days then the company, its promoters and directors shall be liable to a penalty of Rs. 1,000 for each day during which such default continues but not exceeding Rs. 25 Lacs.
Question :
When the amount received by allotment of shares can be utilised?
Answer :
The amount can be utilised only after filling PAS 3.
Question :
Which companies are required to file this Form?
Question :
What is the purpose of this Form?
Answer :
Whenever a company makes any allotment of shares or securities, it is required to file a return of allotment in e-Form PAS-3 to Registrar within thirty days of such allotment including the complete list of allottees to whom the securities have been issued.
Testimonials
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