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    PAS-6 need to be file by Private Limited Companies ?

    Posted By : SHALU / Published on : 08-Aug-2022 08:59 AM / View : 73 / Comment : 1

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    As you must be knowing, the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 notified by the Ministry of Corporate Affairs, on September 10, 2018 states that:

    Every unlisted public company making any offer for issue of any securities or buyback of securities or issue of bonus shares or rights offer shall ensure that before making such offer, entire holding of securities of its promoters, directors, key managerial personnel has been dematerialized in accordance with provisions of the Depositories Act 1996 and regulations made there under.

    Also, with the amendment in section 29 of the Companies Act, 2013 Date. 31.07.2019, the word "PUBLIC" has been omitted. Hence, Private Limited Companies may be required to get ISIN as well. Please clear when its mandatory to get ISIN for Private Companies and if yes then PAS-6 is also need to file ?
    Read more on : companies limited private file need

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