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Form PAS-6 MCA

What is PAS 6?

Form PAS-6 is a ‘Reconciliation of Share Capital Audit Report’.

Who needs to file Form?

Every unlisted public needs to file this form.

However, this rule shall not apply to an unlisted public company which is:

  • a Nidhi Company
  • a Government company or
  • a wholly owned subsidiary

When to file?

This Form must be filed every six months. It is a half yearly form.

For half-year ending on 30th September due date is 29th November.

For half-year ending on 31st March due date is 30th May.

Purpose to file this Form?

The main objective of Form PAS-6 is to report the details and changes in the share capital of companies on a half-yearly basis. It needs to be certified by a practising Company Secretary (CS) or a Chartered Accountant (CA).

When the form was introduced ?

The Ministry of Corporate Affairs (MCA) introduced Form PAS-6 through a notification dated 10th September 2018. In this notification, the MCA inserted Rule 9A (sub-rule 8) to the Companies (Prospectus and Allotment of Securities), Rules, 2014 through the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019. It provides for the issue of securities only in dematerialized form by unlisted public companies from 2nd October 2018.

Process to file E-Form PAS-6

  • The Unlisted Company needs to submit the Form PAS-6 to the Registrar under whose jurisdiction the registered office of the company is situated.
  • It needs to be filed within 60 days from the conclusion of each half-year duly certified by a company secretary in practice or chartered accountant in practice.
  • The form needs to be filed with the prescribed fees under the provisions of the said rule.
  • The E-Form needs to be digitally signed by a Chartered Accountant or a Company Secretary in whole-time practice. Also, the details of the practicing professional and the digital signature needs to be attached.

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