Quick Summary
With regard to MCAs announcement dated 24th December 2020, wherein, theCompanies (Incorporation) Third Amendment Rules, 2020were released by the competent authority, the Institute of Chartered Accountants of India has announcedregarding extension of the time period, of the name reserved through SPIC
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The ICAI has announced an extension to the time period for names reserved through the SPICE+ system, allowing for longer reservation periods upon payment of fees.
The new Rule 9A, which allows for the extension of name reservation, came into effect on 26th January 2021.
A company can extend its name reservation period by paying specific fees. The duration of the extension and the fee amount vary.
There are options to extend the reservation for forty days upon payment of Rs. 1,000 (paid within 20 days of approval), or for sixty days upon payment of Rs. 2,000 (paid within 40 days of approval) or Rs. 3,000 (paid within 20 days of approval).
Yes, the Registrar retains the power to cancel a name that has been reserved under the new rule.
CAclubindia
