The Ministry of Corporate Affairs (MCA) on 23rd April 2020, has relaxed the rules for Re-Submission of Forms (RSUB) and has extended the period/days for filing of Names for companies.
- For names reserved for 20 days for new company incorporation, SPICe+ Part B needs to be filed within 20 days of name reservation. MCA has stated that the names expiring any day between March 15, 2020, to May 3 would be extended by 20 days beyond May 3, 2020.
- For names reserved for 60 days for change of name of the company, INC-24 needs to be filed within 60 days of name reservation. MCA issues relaxation for names expiring any day between March 15, 2020, to May 3 would be extended by 20 days beyond May 3, 2020.
- For extension of RSUB validity for companies, MCA has decided that where SRNs 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.
- For 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 has provided that names expiring any day between 15th March 2020 to 3rd May, FORM 5 shall be filed by 20 days beyond 3rd May 2020.
- For RSUB validity extension for LLPs, SRNs where the 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 re-submission. However, for SRNs already marked under Not to be taken on Record (NTBR), extension would be provided on a case to case basis.
Click here to read the Notification.
