EXTENSION OF DAYS FOR NAME RESERVATION AND RE-SUBMISSION OF FORMS

For various Companies/LLP’s, MCA extends the deadline date on 20^th May 2020 for Name reservation and Re-submission of forms. This extension has been raised by MCA due to the COVID 19 situation as well as the extended lockdown period for the convenience of stakeholders who are facing difficulty on its website.

Below are the highlights regarding the extension period

1. Name is reserved for 20 days in case of new company incorporation as well as SPICe+ Part B needs to be filed within 20 days of name allotted.

If the name is getting lapsed any day in between 15th March 2020 to 31st May 2020; it will get extend now by 20 days beyond the date of 31st May 2020.

2. Name is reserved for 60 Days in case of company name change and further INC-24 need to be filed within 60 days of name reservation.

If Name is getting lapsed any day in between 15th March 2020 to 31st May 2020; the extension will be granted for further 60 days beyond 31st May 2020.

3. Extension of resubmission of forms in case of companies.

If SRNs Resubmission date falls in between 15th March 2020 to 31st May 2020, then additional 15 days i.e., beyond 31st May 2020 would be granted. However, those SRNs who marked under “not to be taken on record”, the extension would be delivered on case to case.

Note: This is to be noted that due to non-resubmission in the above extended period, forms will not get marked to “Not to be taken on Record”.

It also includes IEPF Non-STP e-Forms i.e., IEPF3, IEPF-5 and IEPF-7.

4. Name is reserved for 90 days in case of new LLP incorporation or name change as well as FiLLiP needs to be filed within 90 days of name reservation.

If Name is getting lapsed any day in between 15th March 2020 to 31st May 2020; the extension will be granted for further 20 days beyond 31st May 2020.

5. Extension of resubmission of forms in case of LLPs.

If SRNs Resubmission date falls in between 15th March, 2020 to 31st May, 2020, then additional 15 days i.e., beyond 31st May, 2020 would be granted. However, those SRNs who marked under “not to be taken on record”, extension would be delivered on case to case.

6. Extension for putting IEPF-5 SRNs to ‘Pending for Rejection u/r 7(3)’ and ‘Pending for Rejection u/r 7(7)’

For both Normal as well as Resubmission filing; if any SRNs whose the last date of filing E-Verification Report comes between the date i.e., 15th March 2020 to 31st May 2020, the extension would be granted to file the form till 30th September 2020. However, those SRNs who marked under ‘Pending for Rejection u/r 7(3)’ and ‘Pending for Rejection u/r 7(7)’, the extension would be provided on the basis of the case to case.

Note: This is to be noted that Status of IEPF-5 SRN will not get change into ‘Pending for Rejection u/r 7(3)’ and ‘Pending for rejection u/r 7(7)’ at least till 30th September 2020.

Conclusion

MCA has notified the changes or extension of Name reservation or Re-submission of forms on its portal on 20th May 2020 based on the current situation and lockdown extension so that various business operator who are facing difficulty will be relaxed and get ease while filing documents or re-submitting the forms.

For more information contact us on given communication details, Email Id Swati@neusourcestartup.com and Phone Number 9540026175.

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