The PAS-5 form is used to report details about a company's issued shares and the consideration received for those shares.
Purpose of Form PAS-5
According to the provided reference, the form is used for the following purposes:
- Reporting the amount of consideration received by the company for the issue of shares.
- Reporting the number of shares issued.
In essence, the PAS-5 form serves as a crucial document for transparency and compliance, ensuring that companies accurately report the details of their share issuances to the relevant regulatory bodies.
