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Get the free Form PAS-1 of Companies Act, 2013Corporate Law Reporter

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DRAFT RULES UNDER CHAPTER III OF THE COMPANIES ACT, 2013 PROSPECTUS AND ALLOTMENT OF SECURITIES. Form no 3.1 Pursuant to section 27(1) and rule 3.4(2) Advertisement giving details of notice of special
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How to Fill out Form PAS-1 of Companies:

01
Start by gathering all the necessary information. Form PAS-1 requires details such as the registered office address, registered email address, CIN (Corporate Identification Number), PAN (Permanent Account Number), and other essential company information.
02
Carefully read through the instructions provided on the form. It is important to understand the requirements and guidelines before filling out the form to ensure accuracy and avoid any mistakes.
03
Begin by entering the name of the company and its CIN as mentioned in the certificate of incorporation. Double-check this information for accuracy.
04
Fill in the registered office address of the company, including the city, state, and PIN code. Make sure the address provided matches the official records of the company.
05
Enter the registered email address of the company. This is the email address through which all official communication will be sent.
06
Provide the PAN of the company. PAN is an essential identification number for tax purposes. Make sure to enter the correct PAN as per the official records.
07
If there have been any changes to the company's authorized share capital, disclose the details in the relevant section. Provide the date of resolution, type of shares issued, and other necessary information as required.
08
If the company wishes to convert any loans or advances into shares, furnish the details in the appropriate section of the form. Include the relevant dates, amounts, and nature of the loan or advance.
09
Complete the form by including the details of the authorized signatory. This person will be responsible for signing and submitting the form on behalf of the company.
10
Double-check all the information provided in the form to ensure accuracy. Any discrepancies or errors could lead to delays or rejection of the form.

Who needs Form PAS-1 of Companies:

01
Companies that have made changes to their authorized share capital and need to update this information with the Registrar of Companies.
02
Entities that wish to convert loans or advances into shares and need to file the necessary details for legal compliance.
03
Companies registered under the Companies Act that have undergone any of the above-mentioned changes within the prescribed time period.
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Form PAS-1 is a declaration form that is required to be filed by companies at the time of allotment of shares.
All companies that issue shares need to file form PAS-1 at the time of allotment of shares.
Form PAS-1 can be filled out online through the Ministry of Corporate Affairs (MCA) portal. The form requires information such as the details of the company issuing shares, the details of the allottees, and the terms of the issue.
The purpose of form PAS-1 is to declare the details of the shares issued by a company, ensuring transparency and compliance with regulatory requirements.
Form PAS-1 requires information such as the company details, the number and face value of shares issued, the details of the allottees, and the terms of the issue.
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