MCA CLARIFICATION REGARDING EXTENSION OF TIME PERIOD FOR RESERVED NAMES AND RE-SUBMISSION OF FORMS FOR INCORPORATION OF COMPANIES / LLP DUE TO COVID-19 (LOCKDOWN)

In following cases extension has been announced by the Ministry of Corporate Affairs:

CASE -1: Names reserved for 20 days for new company incorporation. SPICe+ Part B needs to be filed within 20 days of name reservation.

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

CASE-2: Names reserved for 60 days for change of name of company. INC-24 needs to be filed within 60 days of name reservation.

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

CASE-3: Extension of Re-submission (RSUB) validity for companies.

MCA Clarification: SRNs where last date of Re-submission (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.

CASE-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.

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

CASE-5: Resubmission (RSUB) validity extension for LLPs.

MCA Clarification: SRNs where last date of re-submission (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.