NEW DUE DATES BY MCA (Name Approval, Incorporation, Re submission)

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Short Summary:

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Due to CoVID 19 and Lock down situation in Country, Ministry of Corporate Affairs has given further relaxation for submission of forms by Companies/ LLP for following Matters:

v Name Approval

v Incorporation

v Re submission of Forms

 

 

      

       Issue description

 

 

          Period/Days of Extension

 

   New Due Date

 

 

 

1

 

Name Reservation Date for Incorporation of New Companies

Names expiring any day between

15th March 2020 to 31st May

would be extended by 20 days beyond 31st May 2020.

 

 20th June, 2020

 

 

 

2

 

Name Reservation Date for Change of Name of Companies

 

Names expiring any day between

 

15th March 2020 to 31st May

 

 would be extended by 60 days beyond 31st May 2020.

 

  30th July, 2020

 

 

 

 

 

3

 

Extension of      

Resubmission validity

for companies.

SRNs where last date of Resubmission (RSUB) falls between

 

15th March 2020 to 31st May 2020,

 

 additional 15 days beyond 31st 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.

It also includes IEPF Non-STP eForms ( IEPF- 3, IEPF-5 and IEPF-7)

 

  

 

15th June, 2020

 

LLP

 

4

Name Reservation Date for Incorporation/ Change of Name of LLP

 

Names expiring any day between

 

 15th March 2020 to 31st May

 

 would be extended by 20 days beyond 31st May 2020.

 

  20th June, 2020

 

 

 

 

5

 

 

Resubmission validity extension for LLPs.

SRNs where last date of resubmission (RSUB) falls between

 

15th March 2020 to 31st May 2020,

 

additional 15 days would be allowed from 31st 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.

 

 

  15th June, 2020

 

 

 

 

Conclusion:

This is the welcome move by MCA in respect of extention of time period for name approvals, incorporation of companies and llp & resubmission of forms. All professional should plan their work accordingly.

(Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at csdiveshgoyal@gmail.com) Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation. Though utmost efforts has made to provide authentic information, it is suggested that to have better understanding kindly cross-check the relevant sections, rules under the Companies Act, 2013. The observations of the author are personal view and the authors do not take responsibility of the same and this cannot be quoted before any authority without the written


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