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of <h1>New Rule 9A Allows Extension of Company Name Reservation via SPICe+; Amendments to SPICe+ Form INC-32 Explained.</h1> The Companies (Incorporation) Third Amendment Rules, 2020, effective from December 24, 2020, introduce changes to the Companies (Incorporation) Rules, 2014. A new rule, 9A, allows for the extension of name reservation for companies via the SPICe+ web service. Extensions are available for 40 days with a fee of INR 1,000, or 60 days with fees of INR 2,000 or INR 3,000, depending on the timing of the payment. Additionally, amendments to the SPICe+ form (INC-32) include revisions to Part-A, detailing company type, class, category, and main industrial activity. The Registrar retains the authority to cancel reserved names.
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