Extension of period for names reserved and resubmission of forms by MCA



Quick Summary
The Ministry of Corporate Affairs (MCA) has announced an extension for several deadlines related to company and LLP formations and changes. This includes additional time for submitting SPICe+ Part B, INC-24, FiLLiP, and Form 5, as well as for resubmitting forms where the original deadline fell between 15th March 2020 and 30th June 2020. Specific extensions are also provided for IEPF forms, ensuring that companies have more time to comply with regulatory requirements.

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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 eForms ( IEPF-

3, 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 Re-
submission 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.

FAQ :

Names reserved for new company incorporation, which would have expired between 15th March 2020 and 30th June 2020, will now be extended by 20 days beyond 30th June 2020.

For company name changes, where the reservation period expires between 15th March 2020 and 30th June 2020, the deadline for filing INC-24 is extended by 60 days beyond 30th June 2020.

Companies whose last date for resubmission (RSUB) falls between 15th March 2020 and 30th June 2020 will receive an additional 15 days beyond 30th June 2020 for resubmission.

Yes, for new LLP incorporations or name changes, names expiring between 15th March 2020 and 30th June 2020 will be extended by 20 days beyond 30th June 2020 for filing FiLLiP/Form 5.

LLPs with a last resubmission date falling between 15th March 2020 and 30th June 2020 will be allowed an additional 15 days from 30th June 2020 for resubmission.

For SRNs where the last date for filing the eVerification Report for IEPF-5 falls between 15th March 2020 and 30th June 2020, the filing can be done until 30th September 2020.




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