MCA extends period for reservation of name and resubmission of Forms

Last updated: 23 April 2020

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The Ministry of Corporate Affairs (MCA) has announced an extension for the period of name reservation and the resubmission of various company forms. This applies to new company incorporations, changes in company names, and Limited Liability Partnerships (LLPs). The extensions are designed to provide relief for filings due between March 15th and May 3rd, 2020, offering additional days beyond May 3rd for completion.

PERIOD/DAYS OF EXTENSION FOR NAMES RESERVED AND RESUBMISSION OF FORMS

Sl. 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 3rd May would be extended by 20 days beyond 3rd May 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 3rd May would be extended by 20 days beyond 3rd May 2020.
3	Extension of RSUB validity for companies	SRNs where last date of Resubmission (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.
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 3rd May would be extended by 20 days beyond 3rd May 2020.
5	RSUB validity extension for LLPs.	SRNs where last date of resubmission (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.

FAQ :

The MCA is extending the period for reserving company names and the deadlines for resubmitting various company forms.

For new company incorporations, names reserved for 20 days will see an extension of 20 days beyond May 3rd, 2020, if their expiry fell between March 15th and May 3rd, 2020.

For changing a company's name, which typically has a 60-day reservation period, names expiring between March 15th and May 3rd, 2020, will receive an additional 20 days beyond May 3rd, 2020.

Companies whose last date for resubmission (RSUB) falls between March 15th and May 3rd, 2020, will get an additional 15 days beyond May 3rd, 2020, for resubmission.

Yes, LLPs also benefit from extensions. For new incorporations or name changes with a 90-day reservation, names expiring between March 15th and May 3rd, 2020, get an extra 20 days beyond May 3rd. Resubmission deadlines for LLPs falling in the same period are extended by 15 days from May 3rd, 2020.

For SRNs already marked as NTBR, extensions will be provided on a case-to-case basis. Forms will not be marked NTBR due to non-resubmission during this extended period.

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