Please find attached amended rules on Companies (Incorporation) issued by MCA. The brief summary of the amendment is detailed below:

1 Rule date 24.12.2020
2 Subject Companies (Incorporation) Third Amendment Rules, 2020
3 Effective date  

Rule 9A has been inserted with effect of January 26, 2021 which specify Extension of reservation of name in certain cases.

4 Applicability As per rule attached
 

5

 

Brief description

 

MCA has vide Companies (Incorporation) Third Amendment Rules, 2020 notified Rule 9A. Extension of reservation of name in certain cases. Under the rule Registrar shall extend the period of a name reserved under rule 9 up to 60 days on Payment of Fees.

 

5 Impact This step has been taken to ease the burden on companies and their promoters due to coronavirus disease (COVID-19).  MCA inserted new rule 9A and through this new rule MCA provided the opportunity for reserving name beyond 20 days, if required, subject to condition and payment of fees.

For your reference all amended rules attached herewith.