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