somesh@sschandak.com
Thane | Mumbai | Bangalore
Mon-Sat: 10AM-7PM

Raising money is a legal sequence, not a bank transfer: offer letters, valuation, board and shareholder approvals, separate bank account where required, allotment within time limits, PAS-3 to the ROC, stamped certificates. Skip a step and the round works commercially but limps legally for years.

When this service is typically required

  • A private placement or rights issue is closing and filings must follow the money
  • Funds arrived before the paperwork — the classic cure situation
  • Convertibles (CCPS/CCD) are converting and the allotment chain needs papering
  • Historic allotments were never filed and diligence will find them

Indicative scope

  • Route selection: private placement (Sec 42) vs rights (Sec 62) mechanics on your facts
  • Documents: offer letters/LOF, resolutions, valuation coordination
  • Timeline management: allotment and PAS-3 within statutory windows
  • Share certificates, stamping and register updates
  • Cure projects for late/unfiled past allotments, costed upfront

Key points at a glance

ItemPosition
Private placementDefined offer process; allotment within 60 days of money; PAS-3 within 15 days
Rights issueOffer to existing holders in proportion; its own timeline discipline
Use of fundsPlacement money is restricted until allotment + filing are done
CertificatesIssue and stamp within the prescribed period after allotment

Deliverables

The complete allotment file: approvals, offers, valuation reference, PAS-3 with SRN, stamped certificates, updated registers — the exact bundle the next diligence asks to see.

Information and documents generally required

Term sheet/SSA, investor KYC, bank credit proofs, cap table, and prior allotment history.

Engagement process

01 · Route & calendarSection and dates fixed before money moves.
02 · Approvals & offerResolutions and offer documents executed.
03 · Allot & fileAllotment inside limits; PAS-3 filed.
04 · CertificatesIssued, stamped, registered.

Client responsibilities, assumptions and reliance

Money movement dates drive statutory deadlines — tell us before funds move, not after. Investor cooperation on KYC and documents is the company's to obtain.

Scope exclusions

SHA negotiation, FEMA reporting for foreign money (run under the FDI scope, coordinated), and valuation reports (issued under the valuation engagement).

Frequently asked questions

Money already came in last month. How bad?

Common and usually curable — the clock positions determine additional fees and the cure path. The costing is done before anything is filed, and honestly.

Can we use the funds while filings are pending?

Private-placement rules restrict use until allotment and filing — one of the most-tripped wires. The calendar exists to make the restriction short.

Foreign investor in the round?

Then FC-GPR timelines run alongside — handled with the FDI compliance scope so neither filing waits on the other.

Stamp duty on certificates — really?

Really, per state law, and diligence checks it. Cheap now; explanatory later.

Discuss this requirement

The applicable scope, documentation, professional responsibilities and timelines are agreed in an engagement letter before commencement.

FDI & FC-GPRValuation for the RoundCap Table ManagementRequest a Scope Discussion

This page describes the service in general terms as on 6 August 2026 and is not professional advice or an assurance of any outcome. Registrations, filings, refunds and departmental outcomes depend on facts and the concerned authority. Figures and due dates change; verify current positions before acting.

MCA amnesty — closes 31 August 2026CCFS-2026 lets companies clear pending AOC-4/MGT-7/ADT-1 at just 10% of additional fees with penalty immunity. The window ends 31 August 2026.Read the CCFS-2026 guide →
Key due dates at a glance — FY 2026-27
ComplianceDueNote
DPT-3 (deposits/loans return)30 June (annual)Covers director loans and advances
DIR-3 KYC30 SeptemberNow triennial for unchanged particulars
AGM (other than first)30 SeptemberFirst AGM: 9 months from first FY end
AOC-4 / MGT-730 / 60 days from AGMRs 100 per day per form if late
MSME Form 130 April / 31 OctoberIf MSE dues pending beyond 45 days
CCFS-2026 amnestyTill 31 August 202690% additional-fee waiver + immunity

Dates as generally applicable on 15 July 2026; extensions/notifications can change them — confirm current dates before relying.

What's Included

  • Route selection: private placement (Sec 42) vs rights (Sec 62) mechanics on your facts
  • Documents: offer letters/LOF, resolutions, valuation coordination
  • Timeline management: allotment and PAS-3 within statutory windows
  • Share certificates, stamping and register updates
  • Cure projects for late/unfiled past allotments, costed upfront

Our Process

1
Route & calendar

Section and dates fixed before money moves.

2
Approvals & offer

Resolutions and offer documents executed.

3
Allot & file

Allotment inside limits; PAS-3 filed.

4
Certificates

Issued, stamped, registered.

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