MCA extends time for Filing of PAS-7 for submitting details of share warrants with RoC without payment of additional fees up to 05.08.2024
MCA has issued General Circular No. 05/2024 dated 6th July 2024 extending the time for Filing of PAS-7 for submitting details of share warrants with RoC.
ln accordance with Rule 9(2)(a) of the Companies (Prospectus and Allotment of Securities) Rules, 2014, every public company which had issued share warrants prior to commencement of the Companies Act, 2013 (18 of 2013) and not converted such warrants into shares should have informed the Registrar about the details of such share warrants in Form PAS-7 within a period of three months of the commencement of the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 . In terms of the said rule, Ministry of Corporate Affairs has prescribed Web-form PAS-7 for submitting the details of share warrants to the Registrar.
MCA has now deployed Web-Form PAS-7 on MCA-21 Portal. Stakeholders may file requisite details in terms of Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 through this Web-Form without payment of additional fees up to 05.08.2024
- Entire amount of undisclosed money cannot be treated income but only profit embedded
- Penalty confirmed as loading point of the goods was different as declared in E- Way Bill
- Notice u/s 143(2) send by email fifty seconds before signing by AO not a legal notice
- Amount shown payable & receivable by both parties, not unexplained money – ITAT
- Consolidated satisfaction note for all assessment years fatal to jurisdiction u/s 153C



