MCA extends Period for Filing of Names for Companies and Re-Submission of Forms

The Ministry of Corporate Affairs (MCA) has extended the period for filing of names for companies and resubmission of forms.

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 has said that names expiring any day between March 15, 2020, to May 31 would be extended by 20 days beyond May 31, 2020.

For extension of RSUB validity for companies, MCA has said that SRNs where the last date of Resubmission (RSUB) falls between March 15, 2020, to May 31, 2020, an additional 15 days beyond May 31, 2020, would be allowed. However, for SRNs already marked under NTBR, the extension would be provided on a case to case basis. However, in this case, the forms will not get marked to (Not to be taken on Record) ‘NTBR’ due to non-resubmission during this extended period.

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 said that names expiring any day between March 15, 2020, to May 3, 2020, would be extended by 20 days beyond May 31, 2020.

For RSUB validity extension for LLPs, SRNs, where the last date of resubmission (RSUB) falls between March 15, 2020, to May 31, 2020, an additional 15 days, would be allowed from May 31, 2020, for resubmission.