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Important Update from the Ministry of Corporate Affairs (January 5, 2023)

By - King Stubb & Kasiva on January 16, 2023

Please be advised that Company Incorporation forms (Spice + Part A, Part B, & RUN) available for filing in V2 through January 6 at 12:00 PM are enabled on the V3 portal by the MCA department since the ninth of January 2023.

The Company Incorporation forms (Spice + Part A, Part B, & RUN) that were available for filing purposes in V2 until January 6 at 12:00 PM, shall be available on the V3 portal starting on January 9, 2023, at 0:00. The remaining 45 forms were accessible in V2 until January 6 at 11:59 PM for filing purposes. These forms will be available on the V3 portal starting on January 23, 2023, at 0:00. The PAS-3 form will be accessible for filing in V2 up until January 19 at 11:59 PM, and it will be enabled in V3 starting on January 23, 2023, at 0:00 AM.[1]

FAQs:

What does e Form SPICe+ mean? 

SPICe+ is one of the initiatives of the Indian government towards Ease of Doing Business (EODB). An upgraded version of the original SPICe form, SPICe+ form is an integrated webform (i.e., e-form INC-32). With the help of three Central Government Ministries & Departments (Ministry of Corporate Affairs, Ministry of Labour, and Department of Revenue in the Ministry of Finance) and three State Governments (Maharashtra, Karnataka, and West Bengal), SPICe+ webform offers 11 services, reducing the number of procedures, costs, and times required to start a business in India.[2]

Is the SPICe+ process for company incorporation required for all companies?

Every company that becomes established starting on February 23, 2020, must submit an application using the web tool SPICe+ for a name reservation and incorporation. Part A of SPICe+ allows for the reservation of corporate name(s). By providing the relevant information in Parts A and B, the applicant may submit a single application for name, incorporation, and other integrated services.[3]


[1]https://www.mca.gov.in/content/mca/global/en/home.html

[2]https://www.mca.gov.in/Ministry/pdf/SpicePlusFAQS_20112020.pdf

[3]ibid 


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