MCA EXtended TIMELINE for Name RESERVation AND RESUBMISSION FORMS – Beyond 30th June 2020
·
Overview
In view of the situation
arising due to COVID-19 pandemic and extended lockdown period, Ministry of
Corporate Affairs vide notification / circular
dated 22nd day of June, 2020 has issued Circular with respect
to PERIOD/DAYS OF EXTENSION FOR NAMES RESERVED AND RESUBMISSION OF FORMS
BEYOND 30th JUNE 2020.
Several representations have
been received from stakeholders with regard to difficulty in incorporation /
resubmission of incorporation forms due to COVID-1 9
Ø Relaxation
given:
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 30th June would be extended by 20 days beyond
30th June 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 30th June would be extended by 60 days beyond 30th June 2020.
|
|
3
|
Extension of RSUB validity for companies.
|
SRNs where last date of Resubmission
(RSUB) falls between 15th March 2020 to 30th June 2020, additional 15 days
beyond 30th June 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.
It also includes IEPF Non-STP
e-Forms ( IEPF3, IEPF-5 and IEPF-7)
|
|
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 30th June would be extended by 20 days beyond 30th June
2020.
|
|
5
|
RSUB validity extension for LLPs.
|
SRNs where last date of resubmission
(RSUB) falls between 15th March 2020 to 30th June, additional 15 days would
be allowed from 30th June 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
|
|
6.
|
Extension for marking IEPF-5 SRNs
to ‘Pending for Rejection u/r 7(3)’ and ‘Pending for Rejection u/r 7(7)’
|
SRNs where last date of filing
eVerification Report (for both Normal as well as Resubmission filing) falls
between 15th March 2020 to 30th June 2020, would be allowed to file the form
till 30th Sep 2020. However, for SRNs already marked under ‘Pending for
Rejection u/r 7(3)’ and ‘Pending for Rejection u/r 7(7)’, extension would be
provided on case to case basis
Note: Status of IEPF-5 SRN will
not change to ‘Pending for Rejection u/r 7(3)’ and ‘Pending for rejection u/r
7(7)’ till 30th Sep’20.
|
Read MCA
Circular at:
Disclaimer:
IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT,
SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION
WITH THE USE OF THIS INFORMATION.
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