Monday, 22 June 2020

MCA further extension of time for name reserved & resubmission of forms




Ministry of Corporate Affairs (MCA) further extended the validity of Name reserved & also extra time for resubmission of forms.

Extension for Name Reserved under SPICE +(for Incorporation)

For incorporation of new company under SPICE+, Part A filed for name reservation. After name reservation Part B of SPICE+ is require to be filed within 20 days after Part A approval.

But due to lockdown if you didn't file Part B within the available tenure of 20 days.

MCA provided relief to all names expiring between 15th March 2020 to 30th June 2020. TWENTY days time for filing SPICE+ Part B commence from 01st July 2020.

Hence SPICE+ Part B can be filed upto 20th July 2020.


Extension for Name Reserved under RUN (Company Name Change)

To change name of any existing company. RUN is required to be filed to get new name approval and name approved under RUN is valid for 60 days from name reserved and INC 24 is to be filed within this reserved 60 days tenure.

Due to lockdown if didn't file INC 24 within the available tenure of 60 days.

MCA provided relief to all names expiring between 15th March 2020 to 30th June 2020. SIXTY days time for filing INC 24 commence from 01st July 2020.


Hence INC 24 can be filed upto 29th August 2020.


Extension for RESUB (Resubmission) Validity (For Companies)

Whenever any SRN is filed & marked for resubmission is to be resubmitted within 15 days from the date of such resubmission asked for. But if you are not able to file resubmission against any such form due to lockdown.

MCA provided a extra time to all such SRN, Where last date of resubmission falls between 15th March 2020 to 30th June 2020. Fifteen days time for resubmitting it.

Hence RESUB form can be filed upto 15th July 2020.


Extension of Name Reserved for New LLP Incorporation or Change of existing LLP

Form FiLLiP or LLP 5 needs to be filed within 90 days of name reserved as the case may be. And if not filed due to lockdown.

and names expiring any day between 15th March 2020 to 30th June 2020. TWENTY days additional time for filing Form FiLLiP or LLP 5 commence from 01st July 2020.

Hence Form FiLLiP or LLP 5 can be filed upto 20th July 2020.


Extension for RESUB (Resubmission) Validity (For LLP)


Whenever any SRN is filed & marked for resubmission is to be resubmitted within 30 days from the date of such resubmission asked for. But if you didn't file resubmission against any such SRN due to lockdown.

MCA provided extra time to for all such SRN, Where last date of resubmission falls between 15th March 2020 to 30th June 2020. Fifteen days time for resubmitting it beyond 30th June 2020.

Hence RESUB form can be filed upto 15th July 2020 for LLP as well.

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