MCA allow some time Extension for Names Reserved And Resubmission of Forms By Deepali Malpani


Ministry of Corporate Affairs vide circular dated 22 April, 2020 has relaxed the rules of Rs-Submission of forms & period/days of extension for Name reserved due to COVID-19.

Period/Days of Extension For Names Reserved And Resubmission Of Forms:

S. No.

ISSUE DESCRIPTION

Period/Days of Extension

1.

Names reserved for 20 days for new company incorporation. SPICe+ Part B needs to be filed within 20 days of name reservation

Names expiring any day between 15th March, 2020 to 3rd May, 2020 would be extended by 20 days beyond 3rd May, 2020.

2.

Names reserved for 60 days for change of name of company. INC-24 needs to be filed within 60 days of name reservation.

Names expiring any day between 15th March, 2020 to 3rd May, 2020 would be extended by 20 days beyond 3rd May, 2020.

3.

Extension of RSUB validity for companies.

SRNs where last date of Resubmission (RSUB) falls between 15th March, 2020 to 3rd May, 2020, additional 15 days beyond 3rd May, 2020 would be allowed. However, for SRNs already marked under NTBR, extension would be provided on case to case basis.

 

Note: Forms will not get marked to (Not to be taken on Record)’NTBR’ due to non resubmission during this extended period as detailed above.

4.

Names reserved for 90 days for new LLP incorporation/change of name. FiLLiP/Form 5 needs to be filed within 90 days of name reservation.

Names expiring any day between 15th March, 2020 to 3rd May, 2020 would be extended by 20 days beyond 3rd May 2020.

5.

RSUB validity extension for LLPs

SRNs where last date of resubmission (RSUB) falls between 15th March, 2020 to 3rd May, 2020, additional 15 days would be allowed from 3rd May, 2020 for resubmission. However, for SRNs already marked under NTBR, extension would be provided on case to case basis.

 

Note: Forms will not get marked to (Not to be taken on Record)’NTBR’ due to non resubmission during this extended period as detailed above.

 

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